1548 8th St., Orlando, FL 32820

1548 8th St., Orlando, FL 32820
Photo 1 of 1
$292,000
Sold on 10/04/21
Beds Baths Sq. Ft. Taxes Built
0.00 5,650 $6,000 1975
On the market: 83 days
View full details, 15 photos, school info, and price history
ATTENTION ALL INVESTORS LOOKING FOR A MULTI FAMILY RENTAL STARTING WITH 5 UNITS ON A SWEET 2.5 ACRES IN ORLANDO FL CURRENTLY 5 UNITS ARE AS FOLLOWS 1 SOLID BLOCK DUPLEX{ 4BD 1BTH, 2BD 1BTH} 3000 SQ FT 1 WOOD FRAME DUPLEX {2BD 1BTH ,1BD 1BTH} 1100 SQ FT 1 WOOD FRAME SINGLE FAMILY. {1BD 1BTH} 900 SQ FT CURRENT RENTAL FROM 3 UNITS IS $2500 {$1000+$1000+$500} POTENTIAL RENT CAN BE $5200/MONTHLY AFTER RENOVATION {1800+1200+800+700+700 = $5200} ALL TENANTS ARE ON A MONTH TO MONTH BASIS THE WOOD FRAME DUPLEX WILL BE DELIVERED VACANT THE PROPERTY IS ZONED FOR A COMBINATION OF SFR AND MH IN ADDITION TO THE 5 UNITS THE PROPERTY ALSO HAS 4 SHEDS WHICH ARE PERFECT FOR STORAGE ,RECREATION OR PARKING . 4 OUT OF 5 UNITS REQUIRE HEAVY RENOVATION , THEREFORE IF YOU ARE LOOKING FOR A FULLY RENOVATED MULTI FAMILY HOUSE ,THIS IS NOT THE RIGHT CHOICE , THE PROPERTY IS CURRENTLY ON 3 SEPTICS, ALL 3 HAVE BEEN PUMPED WITHIN A YEAR ACCORDING TO PRIOR OWNER PLEASE KEEP IN MIND THAT THIS IS A 5 UNIT CASHFLOWING PROPERTY WHICH NEEDS SOME LEVEL OF RENOVATION AND HAS A HUGE POTENTIAL OF HIGHER RENTS, MORE UNITS AND LAND VALUE . LOOKING FOR ONLY CASH , HARD MONEY BUYERS OR CONVENTIONAL BUYERS AGENTS MUST DO THEIR OWN DUE DILIGENCE AND VERIFY INFORMATION.
Listing courtesy of Alin Zdroba, PROPERTIO