Active

$837,000

Features:
  • 8 Bedrooms
  • 8 Bathrooms
  • 3636 sq ft
Overview
  • ID: MFRO6348836
  • Bedrooms: 8
  • Bathrooms: 8
  • Size: 3636 sq ft
Property Details
Remarks
Great investment opportunity in Central Florida—4-unit quadplex with each unit featuring 2 bedrooms, 1 full bath, and 1 half bath. Washe/Dryer hookups in every unit. Currently, one unit is rented at $1,450/month, while three units are vacant, offering room to increase rental income to the market rate of $1,600 per unit. Recent updates include a new roof (2020), new AC units (2020), new water heaters, and fresh paint in three units. Tenants pay their own water and electric utilities, with separate meters for each unit. This turn-key property provides a strong foundation for investors to add value and grow rental income. Currently the owner pays $7,000 annually for insurance.
Financial Considerations
Price:
$837,000
HOA Fee:
N/A
Tax Amount:
$6196.28
Price per SqFt:
$230.2
Tax Legal Description:
LOT 2 (LESS NLY 24 FT) & NLY 20 FT OF LOT 3 BLK 18 NORTH ORLANDO PB 12 PGS 10 & 11
Exterior Features
Lot Size:
10436
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
8
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1981
Construction Type:
Block, Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    46 N FAIRFAX AVE
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