$750,000

415 S Parramore Avenue

ORLANDO FL, 32805

Description

Located in Downtown Orlando, at the heart of the City and the fast-growing Parramore area, this is the lowest-priced commercial property portfolio (3 entities) in progressive downtown. Close to the iconic multi-million dollar Amway Arena and the Exploria Soccer Stadium, not to forget the Camping World Stadium and all other billion-dollar investments taking place in the Downtown area (and luxury apartment across to be built following the City's future plans). This mixed property has: an 8-rooming house makes $54000/year, a leased single home/duplex $14100/year, in addition a restaurant making $9600/year on the first floor of the rooming house; producing a gross income $77780; net operating income $60880. CAP RATE 8.12%. Insurance $5000. Parking for 6-12 cars, recent renovations include both bathrooms in the rooming house, porch and hallways, new carpet, new interior paint, SFH's roof fixed and new appliances.

Details

MLS#S5044162
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1952
Days On Site33

Features

SQ Feet3,835
ZoningAC1/T
Acreage0.24

Market Activity 32805

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Area Information
StateFL
CountyOrange
CityORLANDO
Zip Code32805
Area32805 - OrlandoWashington Shores
Listing VS Median (in 32805)
Price:
$750,000
low | high
Med:
$125,000
100% of Average
SqFt:
3,835
low | high
Med:
868
100% of Average
$ / SqFt:
$196
low | high
Med:
$144
76.363287250384% of Average
On Site:
33
low | high
Med:
86
38.372093023256% of Average
Listing Updated: January 16, 2021 3:11:12 AM PST
Hazel Heyer LogoMLS Number: S5044162
Listing Provided By:
Hazel Heyer  of  KELLER WILLIAMS LEGACY REALTY

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