Orlando FL Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- 2,808
- Status:
- Active
- Beds:
- 8
- Year built:
- 1949
- Baths:
- 4.00
- MLS#:
- O6263043
- Subdivision:
- Morgans Add 01
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Courtesy: LPT REALTY
877-366-2213
Mike Derenthal
ADDITIONAL INFORMATION
Great income property and the chance to add four doors to your portfolio for instant cash flow. These two units are standalone, adjacent duplexes for a total of four rentable units, each with 2 bed / 1 bath. Each property is separately deeded but seller intends to sell them together for inherent value. One unit currently vacant and undergoing some updates that Seller can complete prior to close or let new buyer complete. Two of the units currently on month to month at below market rents of $800 / mo. The fourth unit has a lease in place until May of 2025 at a rent of $950. If all rents are moved up to market this property should be able to operate at a very desirable cap rate. All units separately metered. Roofs were replaced in 2023 and 2024. Windows and doors on most units have been recently replaced as well for insurability.
$680,000
412 Mcfall Avenue Orlando, FL 32805
- Type:
- Multi-Family
- Sq.Ft.:
- 3,384
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1952
- Baths:
- MLS#:
- O6247008
- Subdivision:
- Mcfauls Sub
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Courtesy: EXP REALTY LLC
888-883-8509
Irene Tsatiris
ADDITIONAL INFORMATION
Discover the perfect investment in the heart of Downtown Orlando’s New Opportunity Zone! This prime multifamily unit is just blocks away from the impressive Amway Arena and Exploria Soccer Stadium, surrounded by vibrant developments in the Creative Village area. The Apartments at McFall feature six spacious units in a solid concrete block structure, built in 1952 and thoughtfully updated in 2013, with one unit refreshed as recently as 2019. Currently, all tenants are on a month-to-month lease, providing new ownership the flexibility to make updates or changes as desired. With a strong history of high occupancy rates, this multifamily property is always in demand due to its unbeatable location. Don't miss out on the opportunity to invest in a growing area with immense potential!
- Type:
- Duplex
- Sq.Ft.:
- 950
- Status:
- Active
- Beds:
- 2
- Year built:
- 1940
- Baths:
- 2.00
- MLS#:
- S5112342
- Subdivision:
- Western Terrace Add
View additional info
Courtesy: RESOURCE ONE REALTY
407-970-3879
Victor Caputis
ADDITIONAL INFORMATION
Duplex - both sides are 1 bed, 1 bath. Located close to downtown Orlando, major highways, schools, restaurants and shopping. Tenant occupied, please do not disturb tenants. Please allow time to set up an appointment to view.
Orlando Real Estate
The median home value in Orlando, FL is $369,400. This is higher than the county median home value of $369,000. The national median home value is $338,100. The average price of homes sold in Orlando, FL is $369,400. Approximately 31.92% of Orlando homes are owned, compared to 51.7% rented, while 16.38% are vacant. Orlando real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Orlando real estate agent to arrange a tour today!
Orlando, Florida 32805 has a population of 302,968. Orlando 32805 is less family-centric than the surrounding county with 30.39% of the households containing married families with children. The county average for households married with children is 31.51%.
The median household income in Orlando, Florida 32805 is $58,968. The median household income for the surrounding county is $65,784 compared to the national median of $69,021. The median age of people living in Orlando 32805 is 34.4 years.
Orlando Weather
The average high temperature in July is 92 degrees, with an average low temperature in January of 48.7 degrees. The average rainfall is approximately 52.1 inches per year, with 0 inches of snow per year.