415 N FERN CREEK AVE Active Save Request In-Person Tour Request Virtual Tour
Orlando,FL 32803
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,590 sqft
Price per Sqft $299
Subdivision Brookshire
MLS Listing ID O6307412
Year Built 1925
Annual Tax Amount $9,829
Lot Size 6,969 Sqft
Property Sub-Type Quadruplex
Property Description
Rare Investment Opportunity in Downtown Orlando – Multi-Family Quad Unit! Don't miss out on this unique and highly lucrative investment property in the heart of Downtown Orlando! This multi-family quad unit is listed as a single parcel, yet consists of two separate structures, offering a total of four occupied units. All units come with renewed leases, providing immediate cash flow and a hassle-free investment opportunity. 413: 2 Bed, 1 Bath – Lease through 12/31/25 at $1500/month 415: 1 Bed, 1 Bath – Lease through 3/31/26 at $1345/month 417: 3 Bed, 2 Bath – Lease through 5/31/26 at $2075/month 419: 3 Bed, 2 Bath – Recently renovated, listed for rent at $2400/month Potential Rental Income: $7320/month This property is a turn-key investment with no additional upgrades needed. The units are well-maintained with a termite bond and pest control contract in place through 2025. The roofs were replaced in 2016 for units 413 & 415, while units 417 & 419 have a roof replaced in 2008. A 2024 appraisal supports the asking price, providing solid value for buyers. Key Features: Prime Downtown Orlando location Turnkey, fully-leased multi-family investment Excellent rental income potential Termite bond and pest control contract No additional investment required! This property is an exceptional opportunity for investors seeking stable cash flow in one of Orlando's most desirable areas. With long-term leases in place and great tenants, it's a perfect addition to any real estate portfolio.
Location
State FL
County Orange
Community Brookshire
Area 32803 - Orlando/Colonial Town
Zoning O-1/T
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Ceramic Tile,Laminate
Fireplaces Type Decorative
Laundry Inside,Laundry Closet
Exterior
Exterior Feature Courtyard,Sidewalk,Sliding Doors
Parking Features Common,Driveway
Utilities Available Electricity Connected
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Cement Siding,Stone,Stucco,Vinyl Siding
New Construction false
Schools
Elementary Schools Lake Como Elem
Middle Schools Lake Como School K-8
High Schools Edgewater High
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6307412