For sale· 1 day on market
1922 CLOVERLAWN Avenue
Orlando, FL, 32806·MLS# O6446443
$1,400,000
Estimated $9,168/mo estimated
- 10
- Bedrooms
- 5
- Bathrooms
- 3,049
- Sq ft
- 0.51 ac
- Lot size
- 1946
- Year built
- $459
- Per sq ft
- Residential Income
- Built 1946
- 0.51 acre lot
About this home
100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATION Turnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers. The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit. The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated. Investment Highlights 100% leased – all 5 units occupied with in-place income $87,600 gross scheduled annual income 16.0x GRM Approximately $280,000 per unit Three buildings, including a newer third unit Concrete-block construction Prime SoDo/Conway Orlando infill location Minutes to Downtown Orlando, SR-408 and I-4 Turnkey investment with immediate cash flow Financials and current rent roll available to registered buyers.
Facts & features
Interior
- Bedrooms
- 10
- Bathrooms
- 5 full
- Living area
- 3,049 sqft
Property
- Type
- ResidentialIncome
- Year built
- 1946
- Lot size
- 0.51 acres
Financial
- Annual taxes
- $11,996
- Price / sqft
- $459
Estimate your monthly payment
$9,168/ month estimated
- Principal & interest$7,302
- Property tax$1,283
- Insurance$583
Illustrative estimate — not a lending offer.
Location
Orlando, FL
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Courtesy of NOVA REAL ESTATE SERVICES INC
reThought Real Estate
My local team · (407) 974-5509
$1,400,000
10 bd · 5 ba · 3,049 sqft