415 N FERN CREEK AVE Orlando, FL 32803
9 Beds
6 Baths
2,539 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,539 sqft
Price per Sqft $423
Subdivision Brookshire
MLS Listing ID O6296532
Bedrooms 9
Full Baths 6
HOA Y/N No
Originating Board Stellar MLS
Year Built 1925
Annual Tax Amount $9,829
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Single Family Residence
Property Description
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.
Location
State FL
County Orange
Community Brookshire
Zoning O-1/T
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile, Laminate
Fireplace false
Appliance Dishwasher, Dryer, Range, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Courtyard, Sidewalk
Utilities Available Electricity Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Story 2
Entry Level Multi/Split
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stone,Vinyl Siding,Wood Siding
New Construction false
Schools
Elementary Schools Lake Como Elem
Middle Schools Lake Como School K-8
High Schools Edgewater High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6296532
