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(407) 956-0417
Real Estate Company
721 Foster Avenue, Winter Garden, FL 34787
- $699,000
- 7
- BD
- 3
- BA
- 2,245
- SqFt
- List Price
- $699,000
- Status
- Active
- Days on Market
- 1
- MLS#
- O6451848
- Property Style
- Triplex
- Year Built
- 1960
- Bedrooms
- 7
- Bathrooms
- 3
- Living Area
- 2,245
- Lot Size
- 18,079
- Acres
- 0.42
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Burchshire
- MLS Area Major
- Winter Garden/Oakland
Property Description
ATTENTION INVESTORS! RARE INCOME-PRODUCING TRIPLEX IN THE HEART OF WINTER GARDEN! Discover an exceptional investment opportunity at 721 Foster Avenue, ideally located just minutes from Historic Downtown Winter Garden and the highly desirable Plant Street district, known for its charming boutiques, popular restaurants, entertainment, and vibrant community atmosphere. Situated on an oversized lot, this partially occupied triplex features three renovated units, each with its own private laundry room, offering added convenience and appeal for tenants. With established tenants already in place, this property provides an opportunity for immediate rental income. Each unit is separately metered for electricity, and the property is connected to city water and sewer. Tenants are responsible for their own utilities and lawn maintenance, helping minimize operating expenses and simplify property management. The spacious lot offers additional possibilities for future improvements or potential expansion, including a garage apartment or in-law suite, subject to zoning, permitting, and applicable building requirements. Whether you're expanding an established real estate portfolio or seeking a multifamily investment in one of Central Florida's most desirable and growing communities, this property offers an attractive combination of location, existing rental income, tenant-friendly amenities, and long-term investment potential. Don't miss this opportunity to own a rare triplex near the heart of Historic Downtown Winter Garden!
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Additional Information
- Taxes
- $7549
- Location
- Oversized Lot
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R-2
- Interior Layout
- Ceiling Fans(s), Thermostat
- Interior Features
- Ceiling Fans(s), Thermostat
- Utilities
- Electricity Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Private Mailbox, Private Yard
- Roof
- Shingle
- Foundation
- Other
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 22-22-27-1084-02-280
- Legal Description
- BURCHSHIRE Q/138 LOTS 28 & 29 BLK B
Listing courtesy of COLDWELL BANKER REALTY. 407-352-1040
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