Carrie Lademan
803 N Thornton AVENUE, Orlando, FL, 32803
7 beds
1947
3,120 sqft
Welcome to 803 N Thornton Ave, a prime investment opportunity nestled in the heart of the Mills 50 District in Orlando, FL. This expertly maintained multi-family property comprised of two duplexes with four units in total, boasts an extremely desirable location and a blend of convenience, opportunity, and potential for lucrative returns. In addition to the fantastic opportunity that this investment presents, the seller is offering a RATE BUY DOWN for full-priced financed offers. With proximity to shopping, A-rated schools, major highways, public transportation, shopping centers, dining establishments, and entertainment venues, residents have easy access to everything Downtown Orlando has to offer. Investors will appreciate the O-1T zoning which provides the opportunity for retail and office space, the positive income-generating history, and the future potential of this property. With a strong rental history and a 0% vacancy rate, this investment promises steady cash flow and long-term appreciation. With a track record of reliable tenants, you can invest with confidence knowing your property is in good hands. The strong rent and vacancy rate combined with the surrounding development within a 1.5-mile radius which will allow for increased rents with minimal improvements makes this investment a sure bet. The icing on the cake is the new 5% down investor program that was just released by Freddie Mac which allows investors to finance with only 5% down. Whether you're a seasoned investor looking to expand your portfolio or a new investor looking to HOUSE-HACK or BRRR, this property presents a versatile opportunity to capitalize on the thriving Orlando real estate market.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area, In Garage
Units:
4
Subdivision:
OVERSTREET OAK HILL SUB
Garage:
4-car Assigned
Heating:
Central
Cooling:
Central Air
Acreage:
0.19
Est. Taxes:
$18,317
Construction
Block, Wood Frame
Utilities
Cable Connected, Electricity Connected
Elementary School:
Audubon Park K8
High School:
Winter Park High
Days on Market:
6
Appliances:
Built-In Oven, Refrigerator
MLS #:
O6205210
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of DIAMOND REAL ESTATE GROUP Phone: 407-279-0448