BEDS12
BATHS
SQUARE FEET5,766
MLS#O6425863
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCLOVER HEIGHTS
Property Description
Six-Unit Multifamily Investment | Prime Downtown Orlando LocationAn 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
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.46 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $15,446
Year Built: 1981
Amenities
Living Room/Dining Room Combo
Open Floorplan
Window Treatments
Lighting
Sliding Doors
Feature Descriptions
Annual Net Income: 72500.00
Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Directions: Orange Ave to east on Michigan to North on Gowen and west to Newberry
Exterior: Block, Brick
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.46
Number of Pets: 2
Ownership: Fee Simple
Pets Allowed: Cats OK, Dogs OK
Pets Restrictions: Buyer to verify any and all pet restrictions with governing municipality.
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Septic Tank
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R-3
Local Schools
High School: Boone High
Middle School: Lake Como School K-8
Elementary School: Lake Como Elem
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 407-647-1211
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 4,154.30 per month $2,534.92 Principal & Interest $1,287.17 Property Tax $332.21 Homeowner's InsuranceChange Payment Information
2407 Newberry Street, Unit 6 | MLS# O6425863
This multi-family property located at 2407 Newberry Street, Unit 6, Orlando, FL 32806 is currently listed for sale with an asking price of $1,139,000. Search Orlando real estate on www.realtymark.net today.