$600,000
Pending · 19 days on market · MLS# MFRG5112354
| Bedrooms | 8 |
|---|---|
| Living area | 3,724 sq ft |
| Lot size | 0.31 acres |
| Year built | 1972 |
| Property type | Quadruplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $6,070 |
| County | Orange |
Under contract-accepting backup offers. Investment opportunity in Orlando's growing rental market. This four-unit multifamily property offers investors the rare combination of immediate income, stable occupancy and future value-add potential. Consisting of four 2-bedroom, 1-bath units, the property provides a straightforward and desirable unit mix that continues to be in demand among renters. The property is currently occupied and below market rental rate with month to month leases. With long-term ownership and established tenancy, investors have the opportunity to implement their own management strategy and explore future income enhancement opportunities over time. Additional income potential may also exist through the on-site laundry facilities. Major capital improvements include a newer roof installed in 2025, helping reduce near-term maintenance concerns. Tenants are responsible for their own electric service, while water is currently included in rent. Whether you're expanding an existing portfolio, completing a 1031 exchange or seeking a multifamily asset with both current cash flow and long-term upside, this property deserves a closer look. Conveniently located with access to major employment centers, transportation corridors, shopping, dining and area amenities. Do not disturb tenants. Showings by appointment only.
Listing courtesy of Tania Matthews, KELLER WILLIAMS ELITE PARTNERS III REALTY. Presented by MC Homes Realty Inc · 727432218.