Orlando, FL 32820,1548 8TH ST
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Orlando, FL 32820,1548 8TH ST
Orlando, FL 32820,1548 8TH ST
Orlando, FL 32820,1548 8TH ST
Orlando, FL 32820,1548 8TH ST

$292,000

Est. payment /mo

$299,999

2.7%
Est.Price: ?

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1548 8TH ST Orlando, FL 32820

5,650 SqFt

SOLD DATE : 10/04/2021

Key Details

Sold Price $292,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,650 sqft

Price per Sqft $51

Subdivision East Orlando Unrec

MLS Listing ID O5958745

Sold Date 10/04/21

Construction Status Inspections,Other Contract Contingencies

HOA Y/N No

Year Built 1975

Annual Tax Amount $6,000

Lot Size 2.480 Acres

Acres 2.48

Lot Dimensions 167X645

Property Description

ATTENTION ALL INVESTORS LOOKING FOR A MULTI FAMILY RENTAL
STARTING WITH 5 UNITS ON A SWEET 2.5 ACRES IN ORLANDO FL
CURRENTLY 5 UNITS ARE AS FOLLOWS
1 SOLID BLOCK DUPLEX{ 4BD 1BTH, 2BD 1BTH} 3000 SQ FT
1 WOOD FRAME DUPLEX {2BD 1BTH ,1BD 1BTH} 1100 SQ FT
1 WOOD FRAME SINGLE FAMILY. {1BD 1BTH} 900 SQ FT
CURRENT RENTAL FROM 3 UNITS IS $2500 {$1000+$1000+$500}
POTENTIAL RENT CAN BE $5200/MONTHLY AFTER RENOVATION
{1800+1200+800+700+700 = $5200}
ALL TENANTS ARE ON A MONTH TO MONTH BASIS
THE WOOD FRAME DUPLEX WILL BE DELIVERED VACANT
THE PROPERTY IS ZONED FOR A COMBINATION OF SFR AND MH
IN ADDITION TO THE 5 UNITS THE PROPERTY ALSO HAS 4 SHEDS WHICH ARE PERFECT FOR STORAGE ,RECREATION OR PARKING .
4 OUT OF 5 UNITS REQUIRE HEAVY RENOVATION ,
THEREFORE IF YOU ARE LOOKING FOR A FULLY RENOVATED MULTI FAMILY HOUSE ,THIS IS NOT THE RIGHT CHOICE ,
THE PROPERTY IS CURRENTLY ON 3 SEPTICS, ALL 3 HAVE BEEN PUMPED WITHIN A YEAR ACCORDING TO PRIOR OWNER
PLEASE KEEP IN MIND THAT THIS IS A 5 UNIT CASHFLOWING PROPERTY WHICH NEEDS SOME LEVEL OF RENOVATION AND HAS A HUGE POTENTIAL OF HIGHER RENTS, MORE UNITS AND LAND VALUE .
LOOKING FOR ONLY CASH , HARD MONEY BUYERS OR CONVENTIONAL
BUYERS AGENTS MUST DO THEIR OWN DUE DILIGENCE AND VERIFY INFORMATION.

Location

State FL

County Orange

Community East Orlando Unrec

Zoning R-T-2

Interior

Interior Features Ninguno

Heating Electric

Cooling Wall/Window Unit(s)

Furnishings Furnished

Fireplace false

Exterior

Exterior Feature Fence

Utilities Available Cable Available, Electricity Connected

Waterfront false

Roof Type Membrane,Metal

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Septic Tank

Water Well

Structure Type Block

New Construction false

Construction Status Inspections,Other Contract Contingencies

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other, Private Financing Available

Listing Terms Cash, Conventional, Other, Private Financing Available

Special Listing Condition None

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Stellar MLS
Listed by PROPERTIO
Bought with STELLAR NON-MEMBER OFFICE

Jens Behrmann

Advisor | License ID: 3565105

+1(941) 294-7878

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