This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
[Address not provided], Orlando, FL 32805
$800,000
[Address not provided], Orlando, FL 32805View this property at [Address not provided], Orlando, FL 32805
[Address not provided]OrlandoFL32805
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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.
Full Property Details
Full Property Details for MLS# O6163580
General
- Sold For: $800,000
- Taxes: $5,317 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: O6163580
- Added to Site: 149 day(s) ago
Rental Information
- Min. Lease: 8-12 Months
Interior
- Interior Features: Ceiling Fans(s), Eating Space In Kitchen
- Flooring: Ceramic Tile, Vinyl, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 32805 - Orlando/Washington Shores
- County: Orange
- Development Name: 32805 - Orlando/Washington Shores
- Subdivision: BELLEVUE ADD
- Driving Directions: from downtown Orlando on Orange Avenue go west on W Amelia Street then turn right on N Westmoreland Drive then right on W Concord St. The apartment buildings will be on the right. 804 & 808 W Concord St are in the front by the street, 800 1/2 & 802 1/2 are at the rear left and the 806 apartment is above the 2 car garage.
Community
- Community Name: 32805 - Orlando/Washington Shores
- Pet Restrictions: Buyer's responsibility to determine any pet restrictions with the City and/or County.
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available
Structural Information
- # Buildings: 3
- Exterior Const.: Block, Wood Siding
- Roof: Other, Shingle
- Stories/Levels: One
- Square Feet: 3,142
- Sq. Ft. Source: Public Records
- Living Area: 3,142 Sq. Ft.
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.46
- Lot Size (Sq. Ft.): 19,907
- Lot Size: 19907
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $5,317
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BELLEVUE ADDITION E/103 LOTS 5 & 6 & W1/2 OF LOT 4 BLK C
- Flood Zone Info: X
- APN: 262229061203050
- Property ID: 262229061203050
- Block/Lot/Section: C
Listed by Homepro Properties
Sold by Titan Realty Group Llc
Get Pre-Approved Today
Schools
Schools serving MLS# O6163580
Rating | Name | Grades | Distance |
---|---|---|---|
408 N Tampa Ave, Orlando, FL 32805 | PK-5 | 0.9 mi | |
2611 Technology Dr, Orlando, FL 32804 | K-5 | 1.4 mi | |
311 W Princeton St, Orlando, FL 32804 | PK-5 | 1.5 mi | |
800 E Robinson St, Orlando, FL 32801 | 6-8 | 1.5 mi | |
1201 Maury Rd, Orlando, FL 32804 | 6-8 | 2.3 mi | |
2220 29th St, Orlando, FL 32805 | 6-8 | 2.8 mi | |
2140 W Washington St, Orlando, FL 32839 | 9-12 | 1.2 mi | |
801 S Rio Grande Ave, Orlando, FL 32805 | 9-12 | 1.3 mi | |
3100 Edgewater Dr, Orlando, FL 32804 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# O6163580
Date
Details
Price
Change
Source
4/10/2024
Sold
$800,000
-8.57%
MLS
12/12/2023
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# O6163580, Orlando, FL 32805 (MLS# O6163580) is a Multi-Family property that was sold at $800,000 on April 10, 2024. Want to learn more about MLS# O6163580? Do you have questions about finding other Multi-Family real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.