46 N Fairfax Avenue, Winter Springs, FL 32708

$620,000
8
BD
8
BA
3,636
SqFt

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Sold Price
$620,000
List Price
$595,000
Status
Sold
Days on Market
3
Closing Date
Feb 09, 2024
MLS#
O6172191
Property Style
Quadruplex
Year Built
1981
Bedrooms
8
Bathrooms
8
Living Area
3,636
Lot Size
9,395
Acres
0.22
Total Acreage
0 to less than 1/4
Legal Subdivision Name
North Orlando
MLS Area Major
Casselberrry/Winter Springs / Tuscawilla

Property Description

***Multiple offers***HIGHEST, BEST AND FINAL OFFER DUE 01/24/2024 at 10am*** Introducing a fantastic investment opportunity in this Fully Occupied, 4-unit property! With a new roof in 2020, four new AC units, and three new water heaters; you are setup for success with several major items completed for you. This property is ready to freshen up and maximize its potential with future rent increases. PLEASE DO NOT DISTURB THE TENANTS. 2 bedrooms are renting for an avg of $1,600/mth in the area - this means you have, on average $718/mth in upside for rents, per unit. Each unit has tiled floors throughout. Varying levels of updates throughout the units with some updated more than others. This is the investment property you have been looking for! Don't miss out on this one.

Additional Information

Taxes
$4987
Annual Gross Income
39300
Community Features
No Deed Restriction
Zoning
R-3
Interior Layout
Ninguno
Interior Features
Ninguno
Utilities
Cable Available
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Balcony, Storage
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
x
Parcel ID
34-20-30-507-1800-0020
Legal Description
LOT 2 (LESS NLY 24 FT) & NLY 20 FT OF LOT 3 BLK 18 NORTH ORLANDO PB 12 PGS 10 & 11

Listing courtesy of SIM REI. 352-508-5870

Selling Office: SLOANE REALTY, LLC.

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