Exceptional Three-Family Opportunity in the Heart of Downtown Orange. 232 Ivy Court is a beautifully updated 3-fam offering modern finishes, flexible living options, and outstanding income potential. Whether you are a savvy investor or a homeowner, this property delivers comfort, functionality, and location in one smart package. Each of the three units has been thoughtfully updated with sep utilities, granite countertops, SS appl. w/ built-in microwaves, recessed lighting, central heating and AC, and updated bathrooms. Unit 1 features a well-designed studio with one bedroom, ideal for efficient living without sacrificing style or comfort. The middle unit is a spacious 3-bdrm, multi-level space offering exceptional flexibility. The main living level includes a bright living room, kitchen, full bath, and 2 bdrms. The 2nd level features an additional bdrm and full bath, creating a private retreat perfect for guests, a work-from-home space. Walk-in closets and ample storage complete this standout unit. Unit 3 offers a comfortable 2 bdrm layout, ideal for rental income. Centrally located in Downtown Orange, this property is just moments from shopping, dining, houses of worship, and local amenities. With easy access to major highways. True commuter's dream. A rare opportunity to own a turn-key, income-producing property with modern upgrades, versatile layouts, and an unbeatable location. Live in one unit, rent the others, or add a strong performer to your investment portfolio.