2407 Newberry Street Unit 6, Orlando, FL 32806

$1,139,000
12
BD
6
BA
5,766
SqFt

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List Price
$1,139,000
Status
Pending
Days on Market
4
MLS#
O6425863
Property Style
Quadruplex
Year Built
1981
Bedrooms
12
Bathrooms
6
Living Area
5,766
Lot Size
20,159
Acres
0.46
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Clover Heights
MLS Area Major
Orlando/Delaney Park/Crystal Lake

Property Description

Under contract-accepting backup offers. Six-Unit Multifamily Investment | Prime Downtown Orlando Location An exceptional opportunity to acquire a well-located six-unit apartment community in one of Orlando's most desirable rental markets. Situated just minutes from Downtown Orlando, Orlando Health, AdventHealth, Winnie Palmer Hospital, SODO, the Hourglass District, and major highways including SR-408 and I-4, this property offers investors stable cash flow with outstanding long-term appreciation potential. The property consists of six spacious two-bedroom, one-bathroom residences, designed to attract a broad tenant base including healthcare professionals, young professionals, and long-term residents seeking convenience and affordability. At projected market rents of $1,750 per month per unit, the property offers significant income potential. With a market rents a gross of $126,000. The current tenants are way under market value, this is your opportunity to own in the one the hottest rental markets in 32806

Additional Information

Taxes
$15446
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-3
Interior Layout
Living Room/Dining Room Combo, Open Floorplan, Window Treatments
Interior Features
Living Room/Dining Room Combo, Open Floorplan, Window Treatments
Floor
Tile
Appliances
Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Brick
Exterior Features
Lighting, Sliding Doors
Roof
Shingle
Foundation
Slab
Pool
No Pool
Elementary School
Lake Como Elem
Middle School
Lake Como School K-8
High School
Boone High
Pets
Allowed
Flood Zone Code
X
Parcel ID
06-23-30-1420-02-112
Legal Description
CLOVER HEIGHTS H/95 THE W 150 FT OF N 55FT & S 1/2 OF LOT 11 BLK B

Listing courtesy of COLDWELL BANKER REALTY. 407-647-1211

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