1304 Altaloma Avenue, Orlando, FL 32803
- $1,050,000
- 8
- BD
- 4
- BA
- 3,100
- SqFt
- Sold Price
- $1,050,000
- List Price
- $1,150,000
- Status
- Sold
- Days on Market
- 70
- Closing Date
- Dec 03, 2024
- MLS#
- O6241696
- Property Style
- Quadruplex
- Year Built
- 1962
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 3,100
- Lot Size
- 14,050
- Acres
- 0.32
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Joseph Schunck Sub
- MLS Area Major
- 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*** <div style="padding:56.25% 0 0 0;position:relative;"><iframe src="https://my.matterport.com/show/?m=4MoaXFuMtju&mls=1" frameborder="0" allow="autoplay; fullscreen" allowfullscreen style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></div>
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Additional Information
- Taxes
- $9344
- Community Features
- No Deed Restriction
- Property Description
- One Story, Attached
- Zoning
- R-2A/T/SP/
- Interior Layout
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat
- Interior Features
- Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
- Heating
- Wall Units / Window Unit
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block
- Exterior Features
- Sliding Doors
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 2 Car Carport
- Garage Features
- Common, Covered
- Flood Zone Code
- X
- Parcel ID
- 19-22-30-7860-02-020
- Legal Description
- JOSEPH SCHUNCK SUB H/5 LOTS 2 & 3 BLK B
Listing courtesy of HOMEVEST REALTY. 407-897-5400
Selling Office: HOMEVEST REALTY.Mortgage Calculator
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