1304 ALTALOMA AVE Active Save Request In-Person Tour Request Virtual Tour
Orlando,FL 32803
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $370
Subdivision Joseph Schunck Sub
MLS Listing ID O6241696
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1962
Annual Tax Amount $9,344
Lot Size 0.320 Acres
Acres 0.32
Property 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***
Location
State FL
County Orange
Community Joseph Schunck Sub
Zoning R-2A/T/SP/
Interior
Interior Features Ceiling Fans(s),Eat-in Kitchen,Living Room/Dining Room Combo,Open Floorplan,Solid Surface Counters,Thermostat
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Laundry Other
Exterior
Exterior Feature Sliding Doors
Parking Features Common,Covered
Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Phone Available,Public,Sewer Connected,Water Connected
Roof Type Shingle
Attached Garage false
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None