Active

$1,150,000

Features:
  • 5 Bedrooms
  • 4 Bathrooms
  • 2552 sq ft
Overview
  • ID: MFRO6411316
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 2552 sq ft
Property Details
Remarks
Exceptional and hard-to-find quadraplex investment opportunity in the heart of the highly desirable Virginia Drive District! This solid income-producing property has been completely updated and offers an excellent unit mix featuring three 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit. Each residence has been thoughtfully renovated with modern finishes, creating attractive, turnkey units with very little upkeep for both owners and tenants alike. This is a rare low cap rate opportunity in one of Orlando’s most desirable rental corridors, offering strong long-term appreciation potential and steady rental demand. The units feature newer appliances, durable flooring throughout with no carpet, and updated finishes designed for easy maintenance and long-term durability. Major exterior improvements include a new metal roof on the front duplex, a new roof on the rear duplex (2024), new central A/C systems in every unit (2024/2025), new water heaters (2024/2025) and vinyl fencing. The property was thoughtfully designed for the hands-off investor with security cameras that can be viewed from afar via the app, minimal landscaping and low ongoing maintenance requirements. Perfectly positioned just minutes from the area’s best shopping, dining, nightlife, and entertainment, this property is also conveniently located near parks, the bike trail, and Lake Ivanhoe. Tenants will love the walkable lifestyle and vibrant neighborhood atmosphere that make this one of Orlando’s most sought-after rental areas. Whether you are looking to expand your investment portfolio or secure a turnkey multi-family property in a premier location, this quadraplex is a rare opportunity with exceptional rental appeal and excellent long-term potential. Scan the QR codes located in the pictures to tour each unit.
Financial Considerations
Price:
$1,150,000
HOA Fee:
N/A
Tax Amount:
$8712.41
Price per SqFt:
$450.63
Tax Legal Description:
WISSAHICKON H/44 LOT 22 BLK A
Exterior Features
Lot Size:
6433
Lot Features:
City Limits, Landscaped, Near Public Transit, Sidewalk, Street Brick
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned, Curb Parking, Driveway, Off Street, On Street, Parking Pad
Roof:
Metal, Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
4
Heating:
Electric
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
Ceramic Tile
Levels:
Multi/Split
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1949
Construction Type:
Block, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Lighting, Private Mailbox, Sidewalk, Storage
Additional Features 2:
N/A
Map
  • Address
    1421, 1423, 1425, 1427 ASHER LN
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