1922 AVENUE, Orlando, Florida, 32806

Listed by NOVA REAL ESTATE SERVICES INC, Fernanda Negromonte, 407-592-1744, fernandasale1@gmail.com
$1,400,000
3,049 Sqft
0.51 Acres
10 bd
5 ba
#O6446443
100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATION Turnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers. The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit. The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated. Investment Highlights 100% leased – all 5 units occupied with in-place income $87,600 gross scheduled annual income 16.0x GRM Approximately $280,000 per unit Three buildings, including a newer third unit Concrete-block construction Prime SoDo/Conway Orlando infill location Minutes to Downtown Orlando, SR-408 and I-4 Turnkey investment with immediate cash flow Financials and current rent roll available to registered buyers.

PROPERTY FEATURES

  • Utilities : Cable Available, Electricity Available
  • Water Access : 0
  • Sewer : Septic Tank
  • Exterior Features : None
  • Road Surface Type : Asphalt
  • Heating : Central
  • Cooling : Mini-Split Unit(s)
  • Interior Features : Kitchen/Family Room Combo
  • Laundry Features : Outside
PROPERTY DETAILS
ID: O6446443
Status: Active
Price: $1,400,000
Acres: 0.51 Acres
Price Per Acre: $2,745,098
Type: Other
Address: 1922 AVENUE
City, State: Orlando, Florida
County: Orange
Zip Code: 32806
Lat/Long: 28.51476, -81.37586
Presented By: Fernanda Negromonte
Phone: 407-592-1744
Email: Click to Contact
Agent
Fernanda Negromonte