Orlando, FL 32805,Address not disclosed
See all 8 photos
Orlando, FL 32805,Address not disclosed
Orlando, FL 32805,Address not disclosed
Orlando, FL 32805,Address not disclosed
Orlando, FL 32805,Address not disclosed

$295,000

Est. payment /mo

$339,000

13.0%
Est.Price: ?

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Address not disclosed Orlando, FL 32805

2,950 SqFt

SOLD DATE : 03/05/2020

Key Details

Sold Price $295,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,950 sqft

Price per Sqft $100

Subdivision Dollins L J Sunset Park

MLS Listing ID O5826213

Sold Date 03/05/20

HOA Y/N No

Year Built 1966

Annual Tax Amount $2,902

Lot Size 10,454 Sqft

Acres 0.24

Property Description

Calling all investors! Don't miss the opportunity to add this gem to your investment portfolio! This two story quad plex features block construction with two units on the first floor and two units on the second floor. The property is a stones throw away from Camping World Stadium and the $8 million dollar Lake Lorna Doone Park renovation adding long-term value to this property! The property has had only one owner since 1994 and there are no issues that would affect the title. All four units are rented with 2 units having a one year lease and two units having 2 year leases! All tenants have been leasing for 10 years or more creating stable and long-term income for their new owner. A new roof was installed about 5 years ago and all the kitchens in each unit received upgrades a few of years ago. Each bathroom was updated in November 2019 with a new tile floor, shower tiles, new toilets, vanities and new paint. All new exterior electrical panels were installed November 2019 along with new breaker boxes for all 4 exterior wall air conditioner units. The building received new paint, new exterior doors and updated exterior lighting around the property in November 2019. The current rental rate is slightly below market. The property is being sold As-Is. The electrical is metered separately for each unit! The water is currently not metered separately and the current owner pays for water usage. This property is turn key ready for its new owner!

Location

State FL

County Orange

Community Dollins L J Sunset Park

Zoning R-3B

Interior

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Flooring Carpet, Ceramic Tile, Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Range, Refrigerator

Laundry In Kitchen

Exterior

Exterior Feature Fence, Lighting

Garage Open

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Connected, Street Lights

Waterfront false

Roof Type Shingle

Parking Type Open

Garage false

Private Pool No

Building

Lot Description City Limits, Paved

Entry Level One

Foundation Slab

Lot Size Range Up to 10,889 Sq. Ft.

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Schools

Elementary Schools Rock Lake Elem

Middle Schools Carver Middle

High Schools Jones High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by ROBINSON FORGES REALTY INT
Bought with ROBINSON FORGES REALTY INT

Richard Hehl

Broker Associate | License ID: 3000622

+1(727) 458-3463

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