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1304 Altaloma Avenue, ORLANDO, FL 32803
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Priced at Only: $1,150,000
For more Information Call:
(352) 279-4408
Address: 1304 Altaloma Avenue, ORLANDO, FL 32803
Property Location and Similar Properties
- MLS#: O6241696 ( Residential Income )
- Street Address: 1304 Altaloma Avenue
- Viewed: 8
- Price: $1,150,000
- Price sqft: $256
- Waterfront: No
- Year Built: 1962
- Bldg sqft: 4489
- Bedrooms: 8
- Total Baths: 4
- Garage / Parking Spaces: 2
- Days On Market: 71
- Additional Information
- Geolocation: 28.5626 / -81.3598
- County: ORANGE
- City: ORLANDO
- Zipcode: 32803
- Subdivision: Joseph Schunck Sub
- Provided by: HOMEVEST REALTY
- Contact: Brad Young
- 407-897-5400
- DMCA Notice
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Description***Do Not Disturb Tenants*** Value Add Quadruplex in Prime Mills50 District! Investors 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 stones 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***
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- Property Tax $
- Home Insurance $
- HOA Fees $
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Sliding Doors
- Living Area: 3100.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Common, Covered
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 2.00
- Cooling: Wall/Window Unit(s)
- Heating: Wall Units / Window Unit
- Sewer: Public Sewer
- Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2023
Rental Information
- Tenant Pays: Electricity, Sewer, Trash Collection
Other Features
- Country: US
- Interior Features: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat
- Legal Description: JOSEPH SCHUNCK SUB H/5 LOTS 2 & 3 BLK B
- Levels: One
- Area Major: 32803 - Orlando/Colonial Town
- Occupant Type: Tenant
- Parcel Number: 19-22-30-7860-02-020
- Possession: Close of Escrow
- Zoning Code: R-2A/T/SP/
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