$1,150,000
Active
3 Days Online
8 Beds0 Baths3,100 SQFT
Active

1304 Altaloma Avenue Orlando, FL 32803

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***Do Not Disturb Tenants*** Value-Add Quadruplex in Prime Mills50 District! Investor’s 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 stone’s 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*** <div style="padding:56.25% 0 0 0;position:relative;"><iframe src="https://my.matterport.com/show/?m=4MoaXFuMtju&mls=1" frameborder="0" allow="autoplay; fullscreen" allowfullscreen style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></div>

  • Property TypeMulti-Family
  • NeighborhoodJoseph Schunck Sub
  • CountyOrange
  • Taxes$9,344
  • HOA/Condo/Coop Fees$0
  • Days on Site2 Days
  • MLS StatusActive
  • MLS ID NumberO6241696
  • Home Size Source Public Records
  • Year Built1962
  • Lot Size0.32 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Block
  • Parking CommonCovered
  • Sewer Public Sewer
  • Number of Stories 1
  • Acreage 0.32
  • Water Public
  • Security Smoke Detector(s)
  • Property Sub Type Quadruplex
  • Attached Garage No
  • Utilities Cable AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater Connected
  • Foundation Slab
  • Zoning R-2A/T/SP/
  • Ownership Fee Simple
  • Parcel Number 19-22-30-7860-02-020

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Wall Units / Window Unit
  • Interior Ceiling Fans(s)Eat-in KitchenLiving Room/Dining Room ComboOpen FloorplanSolid Surface CountersThermostat
  • Laundry Features Other
  • Fireplace No

Exterior Features

  • Roof Shingle
  • Waterfront Property No
  • Exterior Sliding Doors

Community Features

  • Township 22
  • Senior Community No
  • MLS Area 32803 - Orlando/Colonial Town
  • Security Features Smoke Detector(s)

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Monthly Payment (Est.)

$5,563
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