415 N FERN CREEK AVENUE at

415 N FERN CREEK AVENUE

For sale Days on market 280

$990,000

$390/sq ft

$85,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1925

Sqft

2539

Property Type

Single Family Residence

Property Description

Under contract-accepting backup offers. Rare Investment Opportunity in Downtown Orlando – Multi-Family Quad Unit! Don't miss out on this unique and highly lucrative investment property in the heart of Downtown Orlando! This multi-family quad unit is listed as a single parcel, yet consists of two separate structures, offering a total of four occupied units. All units come with renewed leases, providing immediate cash flow and a hassle-free investment opportunity. 413: 2 Bed, 1 Bath – Lease through 12/31/26 at $1500/month 415: 1 Bed, 1 Bath – Lease through 3/31/26 at $1345/month (offered renewal at $1500/month) 417: 3 Bed, 2 Bath – Lease through 5/31/26 at $2050/month 419: 3 Bed, 2 Bath – Recently renovated, listed for rent at $1995/month Potential Rental Income: $7045/month This property is a turn-key investment with no additional upgrades needed. The units are well-maintained with a termite bond and pest control contract in place through 2025. The roofs were replaced in 2016 for units 413 & 415, while units 417 & 419 have a roof replaced in 2008. A 2024 appraisal came back at 1,050,000, providing instant equity and solid value for buyers. Key Features: Prime Downtown Orlando location Turnkey, fully-leased multi-family investment Excellent rental income potential Termite bond and pest control contract No additional investment required! This property is an exceptional opportunity for investors seeking stable cash flow in one of Orlando's most desirable areas. With long-term leases in place and great tenants, it's a perfect addition to any real estate portfolio.

Property Details

MLS#

O6296532

Total Floor in Bldg

Address

415 FERN CREEK N

City

Orlando

State/county

Zip/Postal Code

32803

Area

Brookshire

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$9,829

Maint Fee

$--

Tax Year

2024

Dishwasher

Dryer

Range

Washer

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