Carla Ross
Relocation Director
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Description
Six-Unit Multifamily Investment | Prime Downtown Orlando LocationAn exceptional opportunity to acquire a well-located six-unit apartment community in one of Orlando's most desirable rental markets. Situated just minutes from Downtown Orlando, Orlando Health, AdventHealth, Winnie Palmer Hospital, SODO, the Hourglass District, and major highways including SR-408 and I-4, this property offers investors stable cash flow with outstanding long-term appreciation potential.The property consists of six spacious two-bedroom, one-bathroom residences, designed to attract a broad tenant base including healthcare professionals, young professionals, and long-term residents seeking convenience and affordability. At projected market rents of $1,750 per month per unit, the property offers significant income potential. With a projected gross of $126,000. The current tenants are way under market value, this is your opportunity to own in the one the hottest rental markets in 32806
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.46 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $15,446
Year Built: 1981
General Information
Bedrooms: 12
Sqft: 5,766
County: Orange
High School: Boone High
Subdivision: CLOVER HEIGHTS
Listed By:
Edward Johnston
COLDWELL BANKER REALTY
407-647-1211
MLS ID: O6425863
Amenities
Living Room/Dining Room Combo
Open Floorplan
Window Treatments
Lighting
Sliding Doors
Property Features
Annual Net Income: 72500.00
Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Directions: Orange Ave to east on Michigan to North on Gowen and west to Newberry
Exterior: Block, Brick
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.46
Number of Pets: 2
Ownership: Fee Simple
Pets Allowed: Cats OK, Dogs OK
Pets Restrictions: Buyer to verify any and all pet restrictions with governing municipality.
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Septic Tank
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R-3
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2407 Newberry Street , Unit 6, Orlando, FL 32806.
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Estimated Payment
$ 5,461.03 per month $3,841.66 Principal & Interest $1,287.17 Property Tax $332.21 Homeowner's InsuranceChange Payment Information
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