0 Bedroom, 2,578 Sqft, Quadruplex

  • Quadruplex
  • 2,578 Sq Ft
  • 0
MLS: #O5571557
Rate This Property:


Own a piece of Orlando history & generate EXCELLENT income at the same time! BEAUTIFUL 1925 Spanish Colonial 4-PLEX located in DOWNTOWN Orlando. Highly sought after location. Only a short stroll to everything downtown has to offer! Situated on a large corner lot, this very rare, income producing property is located right across the street from the downtown Orlando YMCA. Property is comprised of 3 completely separate buildings containing 4 individual rental units. There are 2 completely separate 2 bed/1 bath original 1925 homes plus another separate building with 2 additional 1 bed/1 bath apartments. Each unit has its own PRIVATE outdoor space - a very rare find in small, multi-unit rental properties! There is on-site & off-site parking & no HOA. No detail was missed when this property was renovated. A few of the upgrades include: granite counter-tops, travertine floors, high-end stainless steel appliances, on-demand hot water heaters, double-pane energy efficient windows. Current annual income: $65, 400. The 2 apts are $100/month below market value & will increase on October 1st, increasing annual income to: $67, 800. All units receive multiple applications the same day the 'For Rent' ad hits Zillow & Craig’s List. PLEASE NOTE: Because this property only has 4 units, it can be financed using a standard, residential mortgage loan! No need for a complicated, commercial loan with high rates, prepayment penalties & short repayment terms. Don't miss this investor's dream! Call today for your private showing.

Property Features

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Approx Living Area SqFt: 2,578
  • Year Built: 1925
  • Exterior Description: Fenced, French Doors, Storage
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Cooling System: Central Air
  • Heating Fuel: Central
  • Utility Information: BB/HS Internet Available, Cable Available, Public
  • Flooring: Ceramic Tile, Travertine, Wood
  • Pets Allowed: No 0
  • County: Orange
  • Subdivision: SMEDLEYS REP
  • Association: None
  • Age Restricted: No
  • Annual Property Taxes: $6,426
  • Gross Operating Income: $65,400
  • Security Deposit: 0
  • Special Info: None

Location for 447 N Shine Ave Orlando, FL 32803

Directions to address

Heading north on mills make a right on Amelia. Home is on corner of Amelia and Shine.

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