$1,150,000 for Sale

1304 altaloma avenue, orlando, FL 32803

Beds 8 Baths 4 3,100 Sqft 0.32 Acres 1 of 15
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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***
General Information
Sale Price: $1,150,000
Price/SqFt: $371
Status: Active
MLS#: O6241696
City: orlando
Post Office: orlando
County: Orange
Subdivision: joseph schunck sub
Acres: 0.32
Bedrooms:8
Bathrooms:4
House Size: 3,100 sq.ft.
Acreage: 0.32 est.
Year Built: 1962
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road:  Asphalt, Paved
Garage:  No
Construction:  Block
Exterior Misc:  Sliding Doors
Basement:  No
Foundation :  Slab
Cooling:  Wall/Window Unit(s)
Heating:  Wall Units / Window Unit
Waste:  Public Sewer
Watersource:  Public
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $9,344
Legal Description:  JOSEPH SCHUNCK SUB H/5 LOTS 2 & 3 BLK B


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Brad Young of HOMEVEST REALTY, Phone: 407-897-5400
(941) 883-4181 Call Kathy Weithman for more information about this property.

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This Home located at
1304 altaloma avenue, orlando FL 32803
is currently for sale priced at $1,150,000 and was listed on September, 17, 2024 and has been on the market for 10 days and was last updated on September, 26, 2024.

1304 altaloma avenue has 8 bedrooms, 4 bathrooms, and approximately 3,100 square feet. with 0.32 acres and was built in 1962. 1304 altaloma avenue is in the 32803 ZIP Code area of orlando.

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