Cash flowing multifamily for sale by OWNER!!!!
RARE OPPORTUNITY to own in the most desired area in Downtown Orlando!!! Nothing ever comes up in this area!!!
Multifamily building in Eola Heights District Downtown Orlando.
Fully renovated, 100% occupied at market rents. Never had vacancies, always rents same day. Always fully occupied.
Great opportunity to own in the heart of Orlando, which is rated best multifamily market in the United States.
Unit Mix: 4units
One 3Beds/3Baths
One 1Bed/1Bath
Two Studios
Recently renovated! Top of the line finishes!!!
3 Bedroom Homes sell for $600K-$900K alone in the area. This is a renovated 3beds/3baths home with an additional 3 separate units that is zoned multifamily. The price mix would be around $535K for main house plus $100K/per door for the other three units. Given that most single family homes sell for $600K-$900K range and most studios and one bedrooms sell between $125k-$175K per door, this property is priced very competitively!
Most other properties listed in the area still need major rehab! This property is turnkey, stabilized, and cash flowing! This is in the luxury high end residential area of Downtown Orlando known as Lake Eola Heights District, an established high end community in one of the most sought after areas in Orlando. There is rarely any MULTIFAMILY OPPORTUNITIES in this district! VERY STRONG CAP RATE GIVEN THE AREA AND QUALITY OF TENANTS!
