$683,400
Active · 465 days on market · MLS# MFRO6254704
| Bedrooms | 8 |
|---|---|
| Living area | 3,600 sq ft |
| Lot size | 0.31 acres |
| Year built | 1951 |
| Property type | Multi-Family 5+ |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $2,938 |
| County | Orange |
PROFORMA INCOME IS ROUGHLY 6800 PER MONTH Outstanding opportunity to acquire a 5 unit Multifamily in one of Orlando's most dynamic neighborhoods. Just minutes from downtown, this property provides easy access to world-class entertainment, dining, nightlife, employers and transportation. Ideally situated less than 10 minutes from Universal Studios and 30 minutes from Walt Disney World, this asset is surrounded by major demand drivers. The property features a mix of updated units of a 3bed/1 bath and 2 bed/1bath and 3 efficiencies that are 1/1. This turnkey investment represents an excellent opportunity to do a 1031 exchange or just simply acquire an income-producing property with upside potential in one of the fastest growing metro areas in the U.S. Perfect for out-of-state investors seeking a hands-off multifamily asset . Act quickly, this won't last! Units are currently being renovated and property is being sold turnkey.
Listing courtesy of Juan Vazquez, LPT REALTY, LLC. Presented by MC Homes Realty Inc · 727432218.