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1304 ALTALOMA AVENUE

Multi-family For Sale
$1,150,000

BTC: 17.39846896

ETH: 426.36176239

10 days
8 bds
3,100 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

***Do Not Disturb Tenants*** Value-Add Quadruplex in Prime Mills50 District! Investor’s dream in the heart of Orlando! Best zip code in Orlando! (Niche.com - 2024) This rare quadruplex, situated in the highly sought-after Mills50 District, offers a tremendous value-add opportunity with exceptional future potential. The property consists of two duplexes, each featuring 2 bedrooms and 1 bathroom. Three of the units have already been updated, providing immediate value, while still offering room to enhance the property's overall return. Located in the vibrant and centrally positioned Mills50 District, this property benefits from being at the nexus of Orlando's most dynamic neighborhoods. Just a stone’s throw away, you'll find yourself in the midst of the eclectic Ivanhoe Village, the lively Milk District, and the charming Audubon Park. Whether your tenants are young professionals, families, or students, they will appreciate the quick access to all the popular districts. The easy access to I-4 and the 408 Expressway ensures smooth connectivity to all that Central Florida has to offer. Currently, the units are rented below market value, offering immediate rental income with the potential for substantial increases. This quadruplex represents an unbeatable opportunity for savvy investors looking to capitalize on the rapidly growing Orlando market with its A+ location and potential for significant rental income increases. ***Seller offering partnership for redevelopment***

Location

Facts and features

Type:
Residential Income
Parking:
Common / Covered
Year Built:
1962
Lot:
0.32 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$371
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Surface Counters

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Parking

    • Common

    • Covered

    Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.32 Acres

    Other Property Information

    • Parcel Number: 192230786002020

    • Zoning: R-2A/T/SP/

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,344

  • Source details

    • MLS ID: O6241696

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Other

    • Living Area: 3100

    • Water Source: Public

    • Subdivision Name: JOSEPH SCHUNCK SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HOMEVEST REALTY