Homes for sale Orange County Orlando

1304 Altaloma Avenue, Orlando, FL 32803

1304 Altaloma Avenue
Orlando, FL 32803
Multi Family
Active
$1,150,000
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$1,150,000
$1,150,000
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Sea Glass Florida Properties
O. 727.231.6689

Description

***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***


Listed by Brad Young, .

Property Highlights

  • Property Type: Multi Family, Quadruplex
  • MLS #: O6241696

General Information

Area 32803 - Orlando/Colonial Town
Carport Yes
Carport Spaces 2
Number of Units Total 4
Property Subtype Residential Income
Property Type Quadruplex
Subdivision Joseph Schunck Sub
Taxes $9,344
Tenant Pays Electricity, Sewer, Trash Collection
Utilities Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Room Information

Laundry Other
Total Baths 4
Total Beds 8

Property Features

Construction Materials Block
Cooling Wall/Window Unit(s)
Interior Features Eat-in Kitchen, Open Floorplan
Interior Square Footage 3,100
Lot Size Acres 0.32
Lot Size Square Feet 14,050
Roof Shingle
Sewer Public Sewer
Stories One
Water Source Public
$1,150,000
$1,150,000
price
For Details, Contact
Sea Glass Florida Properties
O. 727.231.6689
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Price Range
$5K-$95M
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ABOUT THIS COMMUNITY VIEW 73,280 LISTINGS
Location
1304 Altaloma Avenue, Orlando, FL 32803 Driving Directions
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Listed by Brad Young, Homevest Realty.
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