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$458,997
Original: $479,997
Active
38 N ALDER DRIVE
ORLANDO, FL 32807 — AZALEA PARK SEC 07
5 Beds
4 Baths
1,658 sqft
0.21 acres
Built 1954
About This Property
One or more photo(s) has been virtually staged. FULLY RENOVATED property located in a highly sought-after, high-demand rental area of Orlando.
The home features 5 bedrooms and 4 bathrooms, plus two bonus units with independent entrances, ideal for generating two additional income streams while maintaining complete privacy for the main residence.
The layout is perfect for house hacking—live in the main home while the independent units help offset the mortgage—or use it strictly as an investment property with multiple income sources.
An excellent option for long-term rentals, room-by-room rentals, or a hybrid strategy.
Conveniently located near major roadways, shopping, and essential services, in an area with consistent rental demand.
This is a move-in-ready property, designed for buyers who want to turn their purchase into an asset, not a liability.
Opportunities like this—fully renovated properties with separate income potential—are rare in today’s market.
The home features 5 bedrooms and 4 bathrooms, plus two bonus units with independent entrances, ideal for generating two additional income streams while maintaining complete privacy for the main residence.
The layout is perfect for house hacking—live in the main home while the independent units help offset the mortgage—or use it strictly as an investment property with multiple income sources.
An excellent option for long-term rentals, room-by-room rentals, or a hybrid strategy.
Conveniently located near major roadways, shopping, and essential services, in an area with consistent rental demand.
This is a move-in-ready property, designed for buyers who want to turn their purchase into an asset, not a liability.
Opportunities like this—fully renovated properties with separate income potential—are rare in today’s market.
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Single Family Residence
- MLS Number
- O6377013
- Days on Market
- 60
- Year Built
- 1954
- Levels
- Two
- Direction Faces
- West
- Occupant Type
- Vacant
Size & Structure
- Living Area
- 1,658 sqft
- Total Area
- 1,746 sqft
- Lot Size
- 0.21 acres
- Lot Sq Ft
- 9,257 sqft
- Bedrooms
- 5
- Full Baths
- 4
Interior
- Flooring
- Tile
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Interior Features
- Thermostat
- Laundry
- Inside
- Furnished
- Unfurnished
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Private Mailbox, Sidewalk
- Construction
- Block, Stucco
- Roof
- Membrane
- Foundation
- Slab
Water & Pool
Community & HOA
- HOA
- No
Utilities & Systems
- Water
- Private
- Sewer
- Public Sewer
- Utilities
- Public
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- X
Financial
- List Price
- $458,997
- Original Price
- $479,997
- Annual Taxes
- $3,952
- Tax Year
- 2024
- Listing Terms
- Cash, Conventional, FHA, Other
- Special Conditions
- None
Schools
- Elementary
- Azalea Park Elem
- Middle School
- Roberto Clemente Middle