1922 CLOVERLAWN AVENUE, ORLANDO, FL 32806
$1,400,000 · Active
MLS #O6446443
- Price
- $1,400,000
- Status
- Active
- Bedrooms
- 10
- Bathrooms
- 0
- Living area
- 3,049 sq ft
- Home type
- Quadruplex
- Year built
- 1946
- Lot size
- 0.51 acres
- Full bathrooms
- 0
- Half bathrooms
- 0
- Private pool
- No
- Waterfront
- No
- New construction
- No
- HOA
- No
- 55+ community
- No
- County
- Orange
- Annual property taxes
- $11,996
- Subdivision
- MC LEISH TERRACE
- Appliances & Equipment
- Other equipment: None
- Bathrooms
- 5 total bathrooms
- Bedrooms
- 10 total bedrooms
- Building
- Built in 1946 · Living area: 3049 · Living area units: Square Feet · Construction Materials: Block
- Cooling
- Mini-Split Unit(s)
- Exterior Features
- None
- Foundation
- Block · Slab
- Heating
- Central
- Interior Features
- Kitchen/Family Room Combo
- Laundry
- Outside
- Lot
- 0.51 acres
- Roof
- Concrete · Shingle
- Sewer
- Septic Tank
- Utilities
- Cable Available · Electricity Available · Water Source: Public
About this home
100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATION Turnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers. The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit. The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated. Investment Highlights 100% leased – all 5 units occupied with in-place income $87,600 gross scheduled annual income 16.0x GRM Approximately $280,000 per unit Three buildings, including a newer third unit Concrete-block construction Prime SoDo/Conway Orlando infill location Minutes to Downtown Orlando, SR-408 and I-4 Turnkey investment with immediate cash flow Financials and current rent roll available to registered buyers.
Courtesy of NOVA REAL ESTATE SERVICES INC 407-592-1744
Schedule A Tour Get More Information On This HomeContact LPT Realty at (877) 366-2213 to ask about this home.