Brad Young - Top Realtor
This listing was posted on RealtyWW.
$1,150,000
Altaloma Ave, Orlando, Home For Sale
Price:
$1,150,000
BR/BA:
8 BR, 4 BA
Location:
1304 Altaloma Ave, Orlando, FL
Description:
Do Not Disturb Tenants Value-Add Quadruplex in Prime Mills50 District! Investors 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 stones 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. The current rental rates are as follows: Unit 1: $1, 250 (lease ends 2/28/25), Unit 2: $1, 250 (lease ends 2/28/25), Unit 3: $1, 075 (month-to-month), Unit 4: $875 (month-to-month). The new owner can expect considerable upside by bringing all units up to market value of at least $1, 800, leading to significantly increased cash flow. 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 redevelopmentFor more details: https://realtyww.info/homes_orlando-d523262/for-sale_i76401180
Property Type:
Single-Family Houses
Posted:
September 27 on RealtyWW
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More About this Listing: Altaloma Ave, Orlando, Home For Sale
Altaloma Ave, Orlando, Home For Sale is a Eight Bedroom 4.5 Bath Single-Family Homes for Sale at 1304 Altaloma Ave in Orlando FL. Find other listings like Altaloma Ave, Orlando, Home For Sale and listings near 1304 Altaloma Ave by searching Oodle Classifieds for Eight Bedroom 4.5 Bath Single-Family Homes for Sale in Orlando FL.
Altaloma Ave, Orlando, Home For Sale is a Eight Bedroom 4.5 Bath Single-Family Homes for Sale at 1304 Altaloma Ave in Orlando FL. Find other listings like Altaloma Ave, Orlando, Home For Sale and listings near 1304 Altaloma Ave by searching Oodle Classifieds for Eight Bedroom 4.5 Bath Single-Family Homes for Sale in Orlando FL.