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Multi Family - DOLLINS L J SUNSET PARK

W, ORLANDO, FL 32805

Sold Price$295,000 Asking Price$339,000

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  • Days on market:

    9 day(s)
  • Original Price:

    $339,000
  • Price per sqft:

    $114.92
  • Tax Legal Description:

    L J DOLLINS SUNSET PARK F/102 LOT 6 BLK1
  • Tax Year:

    2018
  • Property Type:

    Multi Family
  • Parking:

    Open
  • Furnished Info:

    Unfurnished
  • Elementary School:

    Rock Lake Elem
  • Middle School:

    Carver Middle
  • Senior High School:

    Jones High
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall Units / Window Unit
  • Floor Description:

    CarpetVinylCeramic Tile
  • Exterior Features:

    Lighting Fenced
  • Equipment/Appliances:

    Refrigerator Range
  • Special Listing Conditions:

    None
  • Lot Features:

    City Lot

Description

$339,000 • living size area 2950 sqft

Calling all investors! don't miss the opportunity to add this gem to your investment portfolio! this two story quad plex features block construction with two units on the first floor and two units on the second floor. the property is a stones throw away from camping world stadium and the $8 million dollar lake lorna doone park renovation adding long-term value to this property! the property has had only one owner since 1994 and there are no issues that would affect the title. all four units are rented with 2 units having a one year lease and two units having 2 year leases! all tenants have been leasing for 10 years or more creating stable and long-term income for their new owner. a new roof was installed about 5 years ago and all the kitchens in each unit received upgrades a few of years ago. each bathroom was updated in november 2019 with a new tile floor, shower tiles, new toilets, vanities and new paint. all new exterior electrical panels were installed november 2019 along with new breaker boxes for all 4 exterior wall air conditioner units. the building received new paint, new exterior doors and updated exterior lighting around the property in november 2019. the current rental rate is slightly below market. the property is being sold as-is. the electrical is metered separately for each unit! the water is currently not metered separately and the current owner pays for water usage. this property is turn key ready for its new owner!

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