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    415 S Parramore Avenue

    Orlando, FL 32805
    • $750,000
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: S5044221
    UPDATED: 27 min ago
    $750,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,835
      SQFT
    • $196
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    Located in Downtown Orlando, at the heart of the City and the fast-growing Parramore area, this is the lowest-priced commercial property portfolio (3 entities) in progressive downtown. Close to the iconic multi-million dollar Amway Arena and the Exploria Soccer Stadium, not to forget the Camping World Stadium and all other billion-dollar investments taking place in the Downtown area (and luxury apartment across to be built following the City's future plans). This mixed property has: an 8-rooming house makes $54000/year, a leased duplex (with 2 1-bedroom units) males $14100/year, in addition a restaurant making $9600/year on the first floor of the rooming house; producing a gross income $77780; net operating income $60880. CAP RATE 8.12%. Insurance $5000. Parking for 6-12 cars, recent renovations include both bathrooms in the rooming house, porch and hallways, new carpet, new interior paint, SFH's roof fixed and new appliances. SELLER FINANCING AVAILABLE.

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-01-15T09:42:14.197.
    www.buysellrabell.com/homes/112737491
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    415 S Parramore Avenue Orlando, FL 32805

    • Price: $750,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: S5044221
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    3,835
    SQFT
    $196
    $/SQFT
    1952
    Built
    Neighborhood:
    Parramore
    County:
    Orange
    Area:
    Orlando/Washington Shores
    Property Description
    Located in Downtown Orlando, at the heart of the City and the fast-growing Parramore area, this is the lowest-priced commercial property portfolio (3 entities) in progressive downtown. Close to the iconic multi-million dollar Amway Arena and the Exploria Soccer Stadium, not to forget the Camping World Stadium and all other billion-dollar investments taking place in the Downtown area (and luxury apartment across to be built following the City's future plans). This mixed property has: an 8-rooming house makes $54000/year, a leased duplex (with 2 1-bedroom units) males $14100/year, in addition a restaurant making $9600/year on the first floor of the rooming house; producing a gross income $77780; net operating income $60880. CAP RATE 8.12%. Insurance $5000. Parking for 6-12 cars, recent renovations include both bathrooms in the rooming house, porch and hallways, new carpet, new interior paint, SFH's roof fixed and new appliances. SELLER FINANCING AVAILABLE.
    Exterior Features

    Carport Yn No Construction Materials Block Exterior Features Balcony Foundation Details Slab Lot Features In City LimitsStreet Paved Pool Private Yn No Roof Built-UpShingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Wall/Window Unit(S) Fireplace Yn No Flooring Carpet Heating Other Levels Two Sewer Private Sewer Water Source Private

    Property Features

    Additional Parcels Yn No Annual Net Income 60880.00 Association Approval Required Yn No Association Yn No Cdd Yn No Community Features Airport/RunwayNone DPR No Flood Zone Code X Garage Yn No Listing Terms CashConventionalFhaPrivate Financing AvailableSpecial Funding New Construction Yn No Property Condition Completed Property Sub Type Multi-Family Senior Community Yn No Special Listing Conditions None Tax Annual Amount 2460.00 Tax Year 2019 Total Num Buildings 2 Utilities Private Zoning Ac1/T


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Keller Williams Legacy Realty.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-01-15T09:42:14.197.
     
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    5213 SW 91st Terrace Suite A
    Gainesville FL, 32608