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$1,150,000

Est. payment - /mo

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8 BD

4 BA

3,100 SqFt

Active

1304 ALTALOMA AVE Orlando, FL 32803

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Luis 'Tony' Hernandez

luissellsfl@gmail.com +1(407) 232-3066

UPDATED:

10/23/2024 02:52 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,100 sqft

Price per Sqft $370

Subdivision Joseph Schunck Sub

MLS Listing ID O6241696

Bedrooms 8

HOA Y/N No

Originating Board Stellar MLS

Year Built 1962

Annual Tax Amount $9,344

Lot Size 0.320 Acres

Acres 0.32

Property Description

***Do Not Disturb Tenants*** Value-Add Quadruplex in Prime Mills50 District! Investor’s dream in the heart of Orlando! Best zip code in Orlando! (Niche.com - 2024) This rare quadruplex, situated in the highly sought-after Mills50 District, offers a tremendous value-add opportunity with exceptional future potential. The property consists of two duplexes, each featuring 2 bedrooms and 1 bathroom. Three of the units have already been updated, providing immediate value, while still offering room to enhance the property's overall return. Located in the vibrant and centrally positioned Mills50 District, this property benefits from being at the nexus of Orlando's most dynamic neighborhoods. Just a stone’s throw away, you'll find yourself in the midst of the eclectic Ivanhoe Village, the lively Milk District, and the charming Audubon Park. Whether your tenants are young professionals, families, or students, they will appreciate the quick access to all the popular districts. The easy access to I-4 and the 408 Expressway ensures smooth connectivity to all that Central Florida has to offer. Currently, the units are rented below market value, offering immediate rental income with the potential for substantial increases. This quadruplex represents an unbeatable opportunity for savvy investors looking to capitalize on the rapidly growing Orlando market with its A+ location and potential for significant rental income increases. ***Seller offering partnership for redevelopment***

Location

State FL

County Orange

Community Joseph Schunck Sub

Zoning R-2A/T/SP/

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Fireplace false

Laundry Other

Exterior

Exterior Feature Sliding Doors

Parking Features Common, Covered

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

Roof Type Shingle

Attached Garage false

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by HOMEVEST REALTY

Learn More About LPT Realty

Luis 'Tony' Hernandez

Agent | License ID: 637222

+1(407) 232-3066

1304 ALTALOMA AVE Orlando, FL 32803

Luis 'Tony' Hernandez

Key Details

Location

Interior

Exterior

Building

Others

Learn More About LPT Realty

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1304 ALTALOMA AVE