721 FOSTER AVENUE, Winter Garden, Florida, United States, 34787

699,000
Coming Soon
7
3
18,079

About the property:

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!
Property Type:
Triplex
Status:
Coming Soon
House Style:
Other
Bedrooms:
7
Bathrooms:
3
Acres:
0.42
Square Feet:
2245
Area:
34787 - Winter Garden/Oakland
Central A/C:
Yes
Central A C Details:
Central Air
Water:
Public
Heating:
Central
Exterior:
Private Mailbox, Private Yard
Interior Features:
Ceiling Fans(s), Thermostat
Sewer:
Public Sewer
Directions:
From W Plant Street in Downtown Winter Garden, head south on S Park Avenue. Turn left onto W Story Road, then turn right onto Foster Avenue. Continue to 721 Foster Avenue, Winter Garden, FL 34787.
Association Fee:
0
Is Garage:
Yes
Is Den:
Yes
Is Apartment:
Yes
Is Investment:
Yes
Is Investment Opportunity:
Yes
Is Maintenance:
Yes
Annual Property Taxes:
7,549.99
Listing ID:
O6451848

Rooms

Dimensions

Brokered by:
Coldwell Banker Realty
Presented By: