UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,766 sqft
Price per Sqft $197
Subdivision Clover Heights
MLS Listing ID O6425863
Bedrooms 12
HOA Y/N No
Year Built 1981
Annual Tax Amount $15,446
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
An exceptional opportunity to acquire a well-located six-unit apartment community in one of Orlando's most desirable rental markets. Situated just minutes from Downtown Orlando, Orlando Health, AdventHealth, Winnie Palmer Hospital, SODO, the Hourglass District, and major highways including SR-408 and I-4, this property offers investors stable cash flow with outstanding long-term appreciation potential.
The property consists of six spacious two-bedroom, one-bathroom residences, designed to attract a broad tenant base including healthcare professionals, young professionals, and long-term residents seeking convenience and affordability. At projected market rents of $1,750 per month per unit, the property offers significant income potential. With a projected gross of $126,000. The current tenants are way under market value, this is your opportunity to own in the one the hottest rental markets in 32806
Location
State FL
County Orange
Community Clover Heights
Area 32806 - Orlando/Delaney Park/Crystal Lake
Zoning R-3
Interior
Interior Features Living Room/Dining Room Combo, Open Floorplan, Window Treatments
Heating Central
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Lighting, Sliding Doors
Utilities Available Cable Connected, Electricity Connected, Water Connected
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block,Brick
New Construction false
Schools
Elementary Schools Lake Como Elem
Middle Schools Lake Como School K-8
High Schools Boone High
Others
Pets Allowed Cats OK, Dogs OK
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Num of Pet 2
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6425863
