804 W Concord Street, Orlando, FL 32805
- $1,049,000
- 6
- BD
- 6
- BA
- 3,686
- SqFt
- List Price
- $1,049,000
- Status
- Active
- Days on Market
- 1
- MLS#
- O6444391
- Property Style
- Quadruplex
- Year Built
- 1955
- Bedrooms
- 6
- Bathrooms
- 6
- Living Area
- 3,686
- Lot Size
- 19,907
- Acres
- 0.46
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Bellevue Add
- MLS Area Major
- Orlando/Washington Shores
Property Description
SPACIOUS LOT + PRIME LOCATION = HUGE POTENTIAL! - - - Rare opportunity to acquire a 5-unit multifamily investment in Downtown Orlando’s Creative Village area. The property consists of three buildings on approximately 0.46 acres and offers stable in-place cash flow with long-term tenancy and a mix of HUD-VASH and market-rate residents. 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.
Additional Information
- Taxes
- $12463
- Annual Gross Income
- 93000
- Community Features
- No Deed Restriction
- Zoning
- R-2B/T/PH
- Interior Layout
- Kitchen/Family Room Combo
- Interior Features
- Kitchen/Family Room Combo
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Sidewalk
- Roof
- Concrete, Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Driveway
- Flood Zone Code
- X
- Parcel ID
- 26-22-29-0612-03-050
- Legal Description
- BELLEVUE ADDITION E/103 LOTS 5 & 6 & W1/2 OF LOT 4 BLK C
Listing courtesy of EXP REALTY LLC. 888-883-8509
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