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Gelfand Realty Miami Properties - Multi Family

1618 ROOSEVELT, ORLANDO, FL 32804

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Multi Family - FAIRVILLA PARK

1618 ROOSEVELT, ORLANDO, FL 32804

Sold Price$407,000 Asking Price$429,000

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  • Days on market:

    109 day(s)
  • Original Price:

    $429,000
  • Price per sqft:

    $127.6
  • Tax Legal Description:

    FAIRVILLA PARK L/115 LOTS 20 & 21 BLK G
  • Tax Year:

    2014
  • Property Type:

    Multi Family
  • Carport Spaces:

    2
  • Parking:

    On Street
  • Lease Term Remaining:

    24 Months
  • Construction Type:

    StuccoBlock
  • Roof:

    Shingle
  • Cooling Description:

    Central AirWall/Window Unit(s)
  • Heating Description:

    Wall Units / Window Unit
  • Floor Description:

    Laminate Porcelain Tile Hardwood
  • Interior Features:

    Ceiling Fan(s)
  • Equipment/Appliances:

    Refrigerator Range
  • Special Listing Conditions:

    None
  • Lot Features:

    Oversized Lot In County Near Public Transit

Description

$429,000 • living size area 3362 sqft

Rare opportunity to own two duplexes for a total of four units in desirable college park. minutes to edgewater drive, this quad-plex was immensely renovated in 2013. renovations to both buildings included: new roof, new hot water heaters, exterior and interior paint throughout and more. all units are fully occupied, and all have 1 year leases signed. rent has not been increased in two years. there is one efficiency that rents for $650 per month, two 2 bed/ 1 bath units that rent for $895 and $950 per month, and one 3 bed/1 bath that rents for $950 per month. 8.0% cap rate! terrific income producing property.

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