$237,000
$245,888
3.6%For more information regarding the value of a property, please contact us for a free consultation.
2400 GARBELIA AVE Orlando, FL 32817
3,172 SqFt
Key Details
Sold Price $237,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,172 sqft
Price per Sqft $74
Subdivision Harrell Heights
MLS Listing ID O5737720
Sold Date 06/27/19
HOA Y/N No
Year Built 1980
Annual Tax Amount $2,952
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 100x300
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Back on the market! PRICE DROP REFLECTS WORK LEFT TO BE DONE.
Copy of inspection report available. Lots of Repairs and upgrades have been made.
Investors dream, huge cash flowing property. Sitting on .69 of an acre, four modular homes all currently rented on month to month leases. 2400 Garbelia 2/1 with a den and very nice fenced in yard rented for $800 , 2408 Garbelia 4/2 rented for $1150, 2414 Garbelia 2/1 rented for $1150, 2418 2/1 rented for $900. Units with lower rent rates have been rented for quite some time so can easily be increased to match the others. Units rent extremely fast. Some units could use some tlc, but the value in this property is enormous. Seller just invested $3,000 to upgrade the 4/2 which has a new lease for $1,150 a month.
FINAL PRICE DROP BECAUSE SELLER IS MOVING OUT OF THE COUNTRY AND SELLING OFF ENTIRE PORTFOLIO.
Location
State FL
County Orange
Community Harrell Heights
Area 32817 - Orlando/Union Park/University Area
Zoning A-2
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Storage
Utilities Available Cable Connected, Electricity Connected, Street Lights
Porch Patio, Porch
Garage false
Private Pool No
Building
Lot Description Corner Lot
Lot Size Range 1/2 Acre to 1 Acre
Sewer Septic Tank
Water Well
Structure Type Metal Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Lease Purchase, Private Financing Available
Listing Terms Cash, Lease Purchase, Private Financing Available
Special Listing Condition None
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