2945 SOUTHGATE TERRACE ORLANDO, FL 32818
$620,000
5 Beds
4.5 Baths
2286 sqft
MLS#
O6341870
Type
Single Family Residence
Status
Active Listing
Square Footage
2,286
Bedrooms
5
Bathrooms
4 full | 1 half
Year Built
1961
Tax Amount
$5,228
Garage Spaces
8
Property Description
Exceptional income-producing property located in a quiet cul-de-sac in Orlando, with no HOA and endless possibilities for rental income or multi-generational living. This fully renovated and furnished single-family home sits on a 0.43-acre lot and includes two independent rental units, both with private entrances and already generating income. The main residence offers 3 bedrooms, 2 bathrooms, modern tile flooring throughout, updated kitchen and bathrooms, a large enclosed Florida room, private pool with dedicated half bath, BBQ area, and access to both city water and private well, reducing utility costs. Unit 1 is an attached 1-bedroom, 1-bathroom apartment with full kitchen and living/dining area, while Unit 2 is a detached 1-bedroom, 1-bathroom guest house with full kitchen and dining area. Both units are fully furnished, renovated, and equipped. The property also includes installed utility connections (water, electric, septic) ready for an additional rental unit, such as an RV or manufactured home, offering an excellent opportunity to expand income potential. Ample parking is available with space for 2–4 vehicles at the front driveway and 6–8 additional spaces at the rear, accessed through a motorized gate. The entire lot is fully fenced, ensuring privacy and separation between the main residence and rental units. Recent upgrades completed in 2022 include a new roof, new A/C system, updated electrical, and all new tile flooring and fixtures. This is a turn-key investment opportunity, ideal for owner-occupants or investors seeking strong immediate returns from multiple income streams.
Cooling:Central Air
Garden
Irrigation System
Outdoor Grill
Outdoor Kitchen
Storage
Ceiling Fan(s)
Primary Bedroom Main Floor
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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