Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Vanguard Realty
Property view

Address Withheld By Seller, 
Orlando, FL 32805

$800,000


7

Beds


5

Baths


3,142

Sq Ft


Multi-Family

Sold

Listed by

Robert Gillespie

Bought with TITAN REALTY GROUP LLC

Homepro Properties

MLS#

O6163580

Source:

MFRMLS

Sorry, we are unable to map this address

About This Home

Address Withheld By Seller

Dont' miss out on this Great Value Add Opportunity on this downtown Orlando multi-family 5 unit property. The below market rents and strong new construction development in the area make this a great investment property to add to your portfolio. Property is located adjacent to the new Creative Village Innovation District Development and the UCF- Valencia College downtown campus. There are 3 buildings with 5 total units and a 2 car garage. The large .46/acre lot gives you plenty of room to add additional units to the vacant part of the lot. The City of Orlando R-2B zoning allows up to 16 units/acre and up to 30 feet for building height. Major updates have been completed by the seller including electrical upgrades, HVAC systems and plumbing repipes with new meters for each unit and new lines to the units in 2011-2012. Front duplex the roof was installed in 2011. Rear duplex and garage apartment roofs were replaced in 2019 and 2018. Sturdy concrete block construction. Each unit has individually metered power, water and sewer. The 4 units in the 2 duplexes have ceramic tile floors and the garage apartment has wood floors. The great downtown location is a big positive for your tenants offering them access to public transportation options, plus they are only a few blocks to the Sunrail commuter rail station along with quick access to Interstate 4 and the 408 Expressway. 3 of the units currently have Government guaranteed rents to military veterans. The 2 car garage is not currently generating income and the owner has used it for storage. Seller is offering possible owner financing to qualified purchasers with a large downpayment. This great hard-to-find multi-family deal won't last long. Call today.

Home Facts

Multi-Family

5 Baths

7 Bedrooms

Built in 1955

Price Summary

875,000

$278 per Sq. Ft.

MLS #:

O6163580

Sold:

April 10, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

5

Interior

Living Area:

3,142 Sq. Ft.


Structure

Structure

Building Area:

3,686 Sq. Ft.

Year Built:

1955


Lot

Lot Size (Sq. Ft):

19,907


Finances & Disclosures

Finances

Price:

$875,000

Price per Sq. Ft:

$278 per Sq. Ft.

MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Homepro Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Homepro Properties, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.