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1304 Altaloma Avenue

Orlando, FL 32803
  • $1,150,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: O6241696
$1,150,000
  • 8
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,100
    SQFT
  • $371
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

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***

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T23:42:27.267.
www.thenewcomergroup.com/homes/155797530
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1304 Altaloma Avenue Orlando, FL 32803

  • Price: $1,150,000
  • Status: Active
  • On Site: 68 Days
  • MLS #: O6241696
8
Beds
0
Baths
0
½ Baths
0.32
Acres
3,100
SQFT
$371
$/SQFT
1962
Built
Neighborhood:
Joseph Schunck Sub
County:
Orange
Area:
Orlando/Colonial Town
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***
Exterior Features

Attached Garage Yn No Carport Spaces 2 Carport Yn Yes Construction Materials Block Covered Spaces 2 Exterior Features Sliding Doors Foundation Details Slab Parking Features CommonCovered Pool Private Yn No Road Surface Type AsphaltPaved Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 4489 Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Yn No Heating Wall Units / Window Unit Heating YN Yes Interior Features Ceiling Fan(s)Eating Space In KitchenLiving Room/Dining Room ComboOpen FloorplanSolid Surface CountersThermostat Laundry Features Other Levels One Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 71101.03 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Listing Terms CashConventional New Construction Yn No Ownership Fee Simple Property Attached YN Yes Property Sub Type Quadruplex Realtor Info No Sign Security Features Smoke Detector(s) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 9344 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableCable AvailableElectricity ConnectedPhone AvailablePublicSewer ConnectedWater Connected Zoning R-2A/T/SP/


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of HOMEVEST REALTY: 407-897-5400.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-02T23:42:27.267.
 
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