Address not disclosed Orlando, FL 32826
11 Beds
10 Baths
650 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 650 sqft
Price per Sqft $2,384
Subdivision Waterford Lndg Condo
MLS Listing ID O6429349
Bedrooms 11
HOA Fees $234/mo
HOA Y/N Yes
Annual Recurring Fee 2808.0
Year Built 1989
Annual Tax Amount $2,311
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
The 11-unit portfolio is offered at $1,550,000 and generates an estimated annual gross income of $171,660.00, with an estimated annual net income of $97,055.58 based on current portfolio expenses. Monthly HOA assessments vary by unit size, with individual assessments currently ranging from approximately $209 to $290 per month. The portfolio includes three different floor plans ranging from 583 to 810 square feet.
Current lease expirations are staggered through August 2027, providing an investor with the opportunity to manage future renewals and rental placement over time. Upcoming-vacancy units are being simultaneously marketed for sale and lease.
Ideally located just minutes from UCF's Main Campus, Waterford Landing offers convenient access to shopping, dining, entertainment, and major roadways, making the community attractive for continued rental demand.
Seller is also willing to consider the sale of units individually or as a smaller portion of the portfolio. Please refer to the separate MLS listings for current individual unit details, occupancy status, and availability. Contact the Listing Agent for additional financial information. Please refer to the included tax ID numbers and legal descriptions for the complete list of the 11 units included in the portfolio sale.
Location
State FL
County Orange
Community Waterford Lndg Condo
Area 32826 - Orlando/Alafaya
Zoning R-3
Rooms
Other Rooms Inside Utility
Interior
Interior Features Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Furnishings Unfurnished
Fireplace true
Appliance Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Laundry Electric Dryer Hookup, In Kitchen, Laundry Closet, Washer Hookup
Exterior
Exterior Feature Balcony
Parking Features Open
Community Features Clubhouse, Pool
Utilities Available Cable Available, Water Connected
Amenities Available Clubhouse, Pool
View Y/N No
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco,Frame
New Construction false
Others
Pets Allowed Breed Restrictions
Senior Community No
Ownership Fee Simple
Monthly Total Fees $234
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
