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$1,395,000
$1,395,000
price
For Details, Contact
Sea Glass Florida Properties

Description

Welcome to 803 N Thornton Ave, a prime investment opportunity nestled in the heart of the Mills 50 District in Orlando, FL. This expertly maintained multi-family property comprised of two duplexes with four units in total, boasts an extremely desirable location and a blend of convenience, opportunity, and potential for lucrative returns. In addition to the fantastic opportunity that this investment presents, the seller is offering a RATE BUY DOWN for full-priced financed offers. With proximity to shopping, A-rated schools, major highways, public transportation, shopping centers, dining establishments, and entertainment venues, residents have easy access to everything Downtown Orlando has to offer. Investors will appreciate the O-1T zoning which provides the opportunity for retail and office space, the positive income-generating history, and the future potential of this property. With a strong rental history and a 0% vacancy rate, this investment promises steady cash flow and long-term appreciation. With a track record of reliable tenants, you can invest with confidence knowing your property is in good hands. The strong rent and vacancy rate combined with the surrounding development within a 1.5-mile radius which will allow for increased rents with minimal improvements makes this investment a sure bet. The icing on the cake is the new 5% down investor program that was just released by Freddie Mac which allows investors to finance with only 5% down. Whether you're a seasoned investor looking to expand your portfolio or a new investor looking to HOUSE-HACK or BRRR, this property presents a versatile opportunity to capitalize on the thriving Orlando real estate market.


Listed by Tiphany Weeks, .

Property Highlights

  • Property Type: Multi Family, Quadruplex
  • MLS #: O6205210

General Information

Area 32803 - Orlando/Colonial Town
Elementary School Audubon Park K8
Garage Yes
High School Winter Park High
Number of Lots 1
Number of Units Total 4
Property Subtype Residential Income
Property Type Quadruplex
Subdivision Overstreet Oak Hill Sub
Taxes $18,317
Tenant Pays Electricity, Water
Utilities Cable Available, Cable Connected, Electricity Connected

Room Information

Flooring Wood
Garage Yes
Garage Spaces 4
Laundry Common Area, In Garage
Total Baths 4
Total Beds 7

Property Features

Appliances Refrigerator
Construction Materials Block
Cooling Central Air
Heating Central
Interior Square Footage 3,120
Lot Size Acres 0.19
Lot Size Square Feet 8,124
Roof Shingle
Sewer Public Sewer
Water Source Public
$1,395,000
$1,395,000
price
For Details, Contact
Sea Glass Florida Properties
St-Pete-Harbor
Price Range
$5K-$37.5M
Location
803 N Thornton Avenue, Orlando, FL 32803 Driving Directions
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Listed by Tiphany Weeks, Diamond Real Estate Group.
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