804 W Concord Street, Orlando, FL 32805
- $1,049,000
- 6
- BD
- 6
- BA
- 3,686
- SqFt
- List Price
- $1,049,000
- Status
- Active
- MLS#
- O6444391
- Property Type
- Quadruplex
- Bedrooms
- 6
- Bathrooms
- 6
- Living Area
- 3,686
- Lot Size
- 19,907
- Region
- Orlando/Washington Shores
- Area
- 3686
- County
- Orange
- Acres
- 0.46
- Year Built
- 1955
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
- Roof
- Concrete, Shingle
- Land Type
- No Deed Restriction
- Parking
- Driveway
- Zoning
- R-2B/T/PH
- Lot Size
- 19,907
- Construction
- Block
- Year Built
- 1955
- Sewer
- Public Sewer
- Heating
- Central
- Subdivision
- Bellevue Add
- Living Area
- 3,686
Listing courtesy of EXP REALTY LLC. 888-883-8509
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