1304 Altaloma AVENUE, ORLANDO, FL 32803 | MLS# O6241696 – Mamba Realty

ORLANDO, FL 32803 1304 Altaloma AVENUE

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Presented By: HOMEVEST REALTY with 407-897-5400. - 407-897-5400
  • MLS# O6241696
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  • Beds • 8
  • Baths • 4
  • SQFT • 3,100

Home Details

***Do Not Disturb Tenants*** Value-Add Quadruplex in Prime Mills50 District! Investorโ€™s dream in the heart of Orlando! Best zip code in Orlando! (Niche.com - 2024) This rare quadruplex, situated in the highly sought-after Mills50 District, offers a tremendous value-add opportunity with exceptional future potential. The property consists of two duplexes, each featuring 2 bedrooms and 1 bathroom. Three of the units have already been updated, providing immediate value, while still offering room to enhance the property's overall return. Located in the vibrant and centrally positioned Mills50 District, this property benefits from being at the nexus of Orlando's most dynamic neighborhoods. Just a stoneโ€™s throw away, you'll find yourself in the midst of the eclectic Ivanhoe Village, the lively Milk District, and the charming Audubon Park. Whether your tenants are young professionals, families, or students, they will appreciate the quick access to all the popular districts. The easy access to I-4 and the 408 Expressway ensures smooth connectivity to all that Central Florida has to offer. Currently, the units are rented below market value, offering immediate rental income with the potential for substantial increases. This quadruplex represents an unbeatable opportunity for savvy investors looking to capitalize on the rapidly growing Orlando market with its A+ location and potential for significant rental income increases. ***Seller offering partnership for redevelopment***
Presented By: HOMEVEST REALTY with 407-897-5400. - 407-897-5400

Interior Features for 1304 Altaloma AVENUE

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Laundry Featuresother

General for 1304 Altaloma AVENUE

Additional Parcels Y/NNo
Attached Garage No
Building Area Unitssquare feet
Carport Spaces2
Carport Y/NYes
Cityorlando
Construction Materialsblock
Coolingwall/window unit(s)
Countyorange
Directionshead south on i-4 w, use the 2nd from the right lane to take exit 85 for princeton st, use the left 2 lanes to turn left onto fl-438 s/princeton st, use the middle lane to turn right onto n mills ave, tu
Exterior Featuressliding doors
Flood Zone Codex
Garage Y/NNo
Heatingwall units / window unit
Home Owner AssocYes
Interior Featuresceiling fan(s), eating space in kitchen, living room/dining room combo, open floorplan, solid surface counters, thermostat
Land Lease Y/NNo
Legal Descriptionjoseph schunck sub h/5 lots 2 & 3 blk b
Levelsone
Living Area Unitssquare feet
Lot Size Square Feet14050
Lot Size Unitssquare feet
MLS Area32803 - orlando/colonial town
ModificationTimestamp2024-09-30t18:36:50.197z
New ConstructionNo
NumberOfUnitsTotal4
Occupancy Typetenant
Percent Ownershipfee simple
Possessionclose of escrow
Property SubTypequadruplex
Property Typeresidential income
Roofshingle
Security Featuressmoke detector(s)
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namejoseph schunck sub
Tax Annual Amount9344
Tax Lot2
Tax Year2023
Tenant Payselectricity, sewer, trash collection
Termscash, conventional
Utilitiesbb/hs internet available, cable available, electricity connected, phone available, public, sewer connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1962
Zoningr-2a/t/sp/

Exterior for 1304 Altaloma AVENUE

Building Area Total4489
Covered Spaces2
Foundation Detailsslab
Lot Size Acres0.32
Lot Size Area14050
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Water Meters2
Parking Featurescommon, covered
Road Responsibilitypublic maintained road
Road Surface Typeasphalt, paved
Water Sourcepublic

Additional Details

Price History

Jehad Bader

Broker
Price $1,150,000
MLS#O6241696
Property Type Income
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