$1,395,000
Active
17 Days Online
7 Beds0 Baths3,120 SQFT
Active

803 N Thornton Avenue Orlando, FL 32803

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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.

  • Property TypeMulti-Family
  • NeighborhoodOverstreet Oak Hill Sub
  • CountyOrange
  • Taxes$18,317
  • HOA/Condo/Coop Fees$0
  • Days on Site16 Days
  • MLS StatusActive
  • MLS ID NumberO6205210
  • Home Size Source Public Records
  • Year Built1947
  • Lot Size0.19 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Block
  • Parking Assigned
  • Sewer Public Sewer
  • Acreage 0.19
  • Water Public
  • Property Sub Type Quadruplex
  • Garage Spaces 4
  • Attached Garage Yes
  • Utilities Cable ConnectedElectricity Connected
  • Foundation Slab
  • Zoning O-1/T
  • Ownership Fee Simple
  • Parcel Number 24-22-29-6492-04-180

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances Built- In OvenRefrigerator
  • Flooring Wood
  • Interior Primary Bedroom Main Floor
  • Laundry Features Common AreaIn Garage
  • Fireplace No

Exterior Features

  • Roof Shingle
  • Waterfront Property No
  • Exterior Sidewalk

Community Features

  • Township 22
  • Senior Community No
  • MLS Area 32803 - Orlando/Colonial Town

Schools

School District
Unknown
Elementary School
Audubon Park K8
Middle School
Unknown
High School
Winter Park High

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Monthly Payment (Est.)

$7,447
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