$485,000
Active

103 ALAMEDA DRIVE

KISSIMMEE, FL 34743 — BVL UNIT 3
4 Beds
3 Baths
1,832 sqft
0.17 acres
Built 1987
2-Car Garage

About This Property

Rare 3-Unit Income Opportunity in the Heart of Kissimmee! No HOA. Thoughtfully configured into three fully separated living areas, this unique property includes a main unit with 3 bedrooms and 2 bathrooms, plus two separate studio-style units, each with its own private entrance, kitchen, and patio area for privacy and flexibility. With a total of 5 bedrooms and 4 bathrooms, this setup is ideal for homeowners, extended families, or investors. Whether you're looking to grow your rental portfolio or live in a home that helps cover your mortgage, don’t miss this incredible opportunity. The property is fully rented, generating $4,500 monthly, offering immediate rental income or the option to live in one unit while renting the others. The roof was replaced in 2023, and all units have new A/C systems. Sitting on a 7,492 sq ft lot, it also features a spacious backyard perfect for relaxing or entertaining. Conveniently located just 20 minutes from Disney and Orlando International Airport, with easy access to US-192, Osceola Parkway, Florida’s Turnpike, and SR-417. Best of all, there’s no HOA, giving you more freedom and fewer restrictions. Financing programs available for investment loans. Schedule your private showing today and explore the potential of this one-of-a-kind property. Photos reflect the main residence only; additional units are not shown for tenant privacy.

Property Details

Basics

Property Type
Residential
Property Subtype
Single Family Residence
MLS Number
S5143290
Days on Market
39
Year Built
1987
Levels
One
Direction Faces
East
Occupant Type
Tenant

Size & Structure

Living Area
1,832 sqft
Total Area
2,699 sqft
Lot Size
0.17 acres
Lot Sq Ft
7,492 sqft
Bedrooms
4
Full Baths
3
Garage Spaces
2
Stories
1

Interior

Flooring
Ceramic Tile
Appliances
Dishwasher, Disposal, Range, Refrigerator
Interior Features
Ceiling Fans(s)
Laundry
Inside
Furnished
Unfurnished
A/C
Central Air
Heating
Central

Exterior & Lot

Exterior Features
Lighting, Rain Gutters, Sidewalk, Sliding Doors
Construction
Block, Stucco
Roof
Shingle
Foundation
Slab

Water & Pool

Community & HOA

HOA
No

Utilities & Systems

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available
Cooling
Central Air
Heating
Central
Flood Zone
X

Financial

List Price
$485,000
Annual Taxes
$5,414
Tax Year
2025
Listing Terms
Cash, Private Financing Available
Special Conditions
None

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Location