Sarasota's Premier Homes

804 W CONCORD STREET

ORLANDO, FL 32805

MLS#: O6444391

$1,049,000

Status: Active
Listing number: O6444391
Listing provided by: EXP REALTY LLC
Listing agent phone: None
Last update: a day ago
On site: 24 days ago
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BELLEVUE ADD - Residential Income

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1955

Sq.Footage

3,686

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.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.46

  • Lot Size(square feet)

    19,907

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $1,049,000

  • Tax Amount

    $12,463.73

  • Financing Options

    Cash, Conventional, VA Loan

  • Sq. Footage

    3,686

  • Price/SqFt

    $284

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    4

  • Water Source

    Public

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Location

County

Orange

Elementary School

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High School

Listing Courtesy of Ramses Misel Trillos, EXP REALTY LLC

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Agent Michael Graf

Business Coach | Executive Sales Associate | Realtor®

Michael Graf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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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.

804 W CONCORD STREET

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