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415 Fern Creek Avenue, ORLANDO, FL 32803
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  • MLS#: O6307412 ( Residential Income )
  • Street Address: 415 Fern Creek Avenue
  • Viewed: 10
  • Price: $1,075,000
  • Price sqft: $270
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 3985
  • Days On Market: 22
Description
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 12/31/25 at $1500/month 415: 1 Bed, 1 Bath Lease through 3/31/26 at $1345/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 $2400/month Potential Rental Income: $7300/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 supports the asking price, providing 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.
Description
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 12/31/25 at $1500/month 415: 1 Bed, 1 Bath Lease through 3/31/26 at $1345/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 $2400/month Potential Rental Income: $7300/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 supports the asking price, providing 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.
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  •   HOA Fees $
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard, Sidewalk, Sliding Doors
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 3590.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
School Information
  • High School: Edgewater High
  • Middle School: Lake Como School K-8
  • School Elementary: Lake Como Elem
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Common, Driveway
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Interior Features: Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Legal Description: BROOKSHIRE K/20 LOT 2 BLK B
  • Area Major: 32803 - Orlando/Colonial Town
  • Occupant Type: Tenant
  • Parcel Number: 30-22-30-0936-02-020
  • Views: 10
  • Zoning Code: O-1/T
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