6 Beds
6 Baths
3,686 SqFt
6 Beds
6 Baths
3,686 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,686 sqft
Price per Sqft $284
Subdivision Bellevue Add
MLS Listing ID O6444391
Bedrooms 6
HOA Y/N No
Year Built 1955
Annual Tax Amount $12,463
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
The property currently generates approximately $92,700 in annual gross income, with a 6.64 percent cap rate at the asking price of $1,049,000. Units are individually metered for water and electric, with tenants responsible for utilities. Select interior renovations were completed in 2025, and ownership reports consistent leasing demand through the HUD-VASH program.
In addition to current income, the property offers expansion potential. Architectural plans are available for a proposed sixth unit beneath the existing second-floor apartment, and zoning permits up to seven total units, subject to buyer verification and applicable approvals.
The seller is motivated and will consider discussing post-closing property management with the buyer, creating a turnkey opportunity for local and out-of-state investors alike.
Tours are by appointment only. Please do not disturb tenants.
Location
State FL
County Orange
Community Bellevue Add
Area 32805 - Orlando/Washington Shores
Zoning R-2B/T/PH
Interior
Interior Features Kitchen/Family Room Combo
Heating Central
Cooling Central Air
Fireplace false
Laundry None
Exterior
Exterior Feature Sidewalk
Parking Features Driveway
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available
View Y/N No
Water Access No
Roof Type Concrete,Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6444391
