622 E Harwood St, Orlando, FL 32803

Studio-- baths2,538 sqft

Off Market
Zestimate®: $368,899
Rent Zestimate®: $1,827/mo
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This home is not currently listed for sale or rent on Zillow.

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

Edit
Looking for a turn-key, hands off, low risk rental property?? Look no further! This multi-family dwelling is located in the heart of the Lake Eola Heights Historic District, a VERY active rental market. Vacancy pop up? Throw a sign in the front yard and watch the applications fly in! Consisting of 4 one-bedroom, one-bathroom units, this property is currently FULLY LEASED with monthly rental income of $3,210. However, $3,600, or $900 per month per unit could easily be justified at current market rates. This historic property needs no plumbing or electrical work to qualify for financing or insurance and already has units individually metered for electric. The back yard is currently configured to allow for 3 parking spaces, but a 4th could be added with minimal effort and cost. Ample street parking is also conveniently available for tenants and guests. Downtown investment properties rarely come on the market; don't miss out on this rare opportunity!  More Less 

Facts

  • Lot: 8,276 sqft
  • Multi Family
  • Built in 1926
  • Heating: Forced air
  • Last sold: Nov 2011 for $268,000

Construction

  • Construction quality: 5.0
  • Roof type: Shake Shingle
  • # Stories: 2.0
  • Unit count: 2

Other

  • Floor size: 2,538 sqft
  • Last remodel year: 1980
  • Parcel #: 252229566400113
  • Zillow Home ID: 46196561

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$368,899
-$8,086 Last 30 days
$343K
$402K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,827/mo
+$9 Last 30 days
$1.1K
$2.3K
Zestimate range

Popularity on Zillow

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2,661 all-time views
of this home (chart)
251 forecasted views of this home
in the first 7 days after listing for sale
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Neighborhood

Market guide

Zillow predicts Lake Eola Heights home values will increase 2% next year, compared to a 4.2% rise for Orlando as a whole. Among Lake Eola Heights homes, this home is valued 34.5% more than the midpoint (median) home, but is valued 12.7% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Lake Eola Heights, the number of foreclosures waiting to be sold is 15.5% less than in Orlando, and 256.4% greater than the national average. This lower local number could help Lake Eola Heights home values rise more quickly than other regions in Orlando.

Learn more about forecast calculations or Lake Eola Heights home values.
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    Other Units in this Building (1)ZestimateBedsBathsSqft
    Apt 1--11750

    Nearby Schools in Orlando

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    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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