804 W Concord St., Orlando, FL 32805

804 W Concord St., Orlando, FL 32805
Photo 1 of 12
$1,049,000
Beds Baths Sq. Ft. Taxes Built
6 3,686 $12,463.73 1955
On the market: 0 days

Est. Monthly Payment:

$7,320($6,281 + $1,039 taxes*)

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APPROVED
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SPACIOUS LOT + PRIME LOCATION = HUGE POTENTIAL! - - - Rare opportunity to acquire a 5-unit multifamily investment in Downtown Orlando’s Creative Village area. The property consists of three buildings on approximately 0.46 acres and offers stable in-place cash flow with long-term tenancy and a mix of HUD-VASH and market-rate residents. The property currently generates approximately $92,700 in annual gross income, with a 6.64 percent cap rate at the asking price of $1,049,000. Units are individually metered for water and electric, with tenants responsible for utilities. Select interior renovations were completed in 2025, and ownership reports consistent leasing demand through the HUD-VASH program. In addition to current income, the property offers expansion potential. Architectural plans are available for a proposed sixth unit beneath the existing second-floor apartment, and zoning permits up to seven total units, subject to buyer verification and applicable approvals. The seller is motivated and will consider discussing post-closing property management with the buyer, creating a turnkey opportunity for local and out-of-state investors alike. Tours are by appointment only. Please do not disturb tenants.
Listing courtesy of Ramses Misel Trillos, EXP REALTY LLC