306 Geneva St, Ocoee, FL 34761
This exceptional income-producing triplex in Ocoee, Florida, presents a unique investment opportunity. Located at 306 E Geneva St, this 3,100 square foot property sits on a 0.43-acre lot and boasts three units: a 3-bedroom, 2-bathroom unit and two 2-bedroom, 2-bathroom units. Built in 1981 and renovated in 2021, the property features a new roof (2023), seven parking spaces, two storage sheds, and two storage containers. Each unit is individually metered and has a separate septic system, ensuring efficient utility management. Interior features include tile flooring, granite countertops, updated bathrooms, eat-in kitchens with islands and stools, stylish lighting, and individual front-load washers and dryers. Sliding patio doors lead to fully fenced private backyards. Exterior amenities include unique planters, covered decks, a Tesla charging plug, a trellis, and a screened-in sitting area. The property is situated in a tranquil wooded area, close to a community park with tennis courts, pickleball, and a playground. Unit C is currently leased for $1800 per month until November 2025. Units A and B are vacant and include tasteful staging furniture. This property offers a compelling combination of income generation and desirable features, making it an attractive investment prospect. The asking price is $890,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.