803 N Thornton Ave, Orlando, Florida 32803

  • $1,395,000

Overview

Property ID: HZO6205210
  • Quadruplex, Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 4
  • Bathrooms
  • 4
  • Garages
  • 4576 Sqft
  • Area Size

Description

Welcome to 803 N Thornton Ave, a prime investment opportunity nestled in the heart of the Mills 50 District in Orlando, FL. This expertly maintained multi-family property comprised of two duplexes with four units in total, boasts an extremely desirable location and a blend of convenience, opportunity, and potential for lucrative returns. In addition to the fantastic opportunity that this investment presents, the seller is offering a RATE BUY DOWN for full-priced financed offers. With proximity to shopping, A-rated schools, major highways, public transportation, shopping centers, dining establishments, and entertainment venues, residents have easy access to everything Downtown Orlando has to offer. Investors will appreciate the O-1T zoning which provides the opportunity for retail and office space, the positive income-generating history, and the future potential of this property. With a strong rental history and a 0% vacancy rate, this investment promises steady cash flow and long-term appreciation. With a track record of reliable tenants, you can invest with confidence knowing your property is in good hands. The strong rent and vacancy rate combined with the surrounding development within a 1.5-mile radius which will allow for increased rents with minimal improvements makes this investment a sure bet. The icing on the cake is the new 5% down investor program that was just released by Freddie Mac which allows investors to finance with only 5% down. Whether you’re a seasoned investor looking to expand your portfolio or a new investor looking to HOUSE-HACK or BRRR, this property presents a versatile opportunity to capitalize on the thriving Orlando real estate market.

  • Address: 803 N THORNTON AVENUE
  • City: Orlando
  • State/county: FL
  • Zip/Postal Code: 32803
  • Country: US

Details

Updated on September 15, 2024 at 6:40 pm
  • Property ID HZO6205210
  • Price $1,395,000
  • Property Size 4576 Sqft
  • Land Area 0.19 Acres
  • Bedrooms 7
  • Bathrooms 4
  • Garages 4
  • Year Built 1947
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional
  • Roof Shingle
  • Utilities Cable Connected, Electricity Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • Flooring Wood
  • County Orange
  • Property Type Residential Income
  • Parking Assigned
  • Elementary School Audubon Park K8
  • High School Winter Park High

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Jamie Stevens

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