Jerry Hatley
Property Description
PROFORMA INCOME IS ROUGHLY 6800 PER MONTH Outstanding opportunity to acquire a 5 unit Multifamily in one of Orlando's most dynamic neighborhoods. Just minutes from downtown, this property provides easy access to world-class entertainment, dining, nightlife, employers and transportation. Ideally situated less than 10 minutes from Universal Studios and 30 minutes from Walt Disney World, this asset is surrounded by major demand drivers. The property features a mix of updated units of a 3bed/1 bath and 2 bed/1bath and 3 efficiencies that are 1/1. This turnkey investment represents an excellent opportunity to do a 1031 exchange or just simply acquire an income-producing property with upside potential in one of the fastest growing metro areas in the U.S. Perfect for out-of-state investors seeking a hands-off multifamily asset . Act quickly, this won't last! Units are currently being renovated and property is being sold turnkey.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: None
Lot Size: 0.31 Acres
Roof Type: Shingle
Taxes: $2,938
Year Built: 1951
Square Feet: 3,600
Amenities
Other
Awning(s)
Other
Feature Descriptions
Annual Net Income: 61082.00
Days on Site: 495
Directions: From 408 Take exit 10A for I-4 E toward I-4 W/Tampa/Daytona Beach, Keep left at the fork, follow signs for Tamp and merge onto I-4 W, Take exit 80 for US-17 S/US-92 W/US-441 S/Orange Blossom Tr, Merge onto US-17 S/US-441 S/US-92 W/S Orange Blossom Trail/S
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.31
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 5
Utilities: Cable Available, Electricity Available, Water Available
Water: Public
Water Access Y/N: No
Zoning: R-1A
Listed By / Shown By
Listed By
Agency Name: LPT REALTY, LLC
Agency Contact: 877-366-2213
Shown By
Agent Name: Jerry Hatley
Agent Phone: (407) 252-7142
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 3,739.62 per month $3,295.46 Principal & Interest $244.83 Property Tax $199.33 Homeowner's InsuranceChange Payment Information
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1313 39th Street | MLS# O6254704
This multi-family property located at 1313 39th Street, Orlando, FL 32839 is currently listed for sale with an asking price of $683,400. Search Orlando real estate on jerryhatley.watsonrealtycorp.com today.