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Listing 6 out of 3,053
$6,435,294 For Sale

722 W Concord Street
Orlando, FL 32805

47 units | Multi Family Home
13068 sq ft lot - MLS# O5503214
Property Photo
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Description

For Sale 53 residential properties including single family residences duplexes triplexes vacant lots and one 8 unit apartment building. Owner has been in business since 1958 and has acquired constructed and or rehabilitated hundreds of residential rental properties in Orlando Florida These Amazing Downtown Orlando properties are fully rented with gross rent of about $50000 per month and only a few blocks from the Amway Arena New Soccer Stadium Citrus Bowl Performing Arts Center New UCF Campus and the Orlando Magic Entertainment Center. All of these properties are within one mile of each other and close to all major central Florida roads I-4 and East/West Expressway.

Features

  • Property Type: Multi Family Home
  • Sub Type: Five or More
  • Listing Status: Active
  • Listing Price: $6,435,294
  • County/Area: Orange County
  • Zip Code: 32805
  • Year Built: 1972
  • Subdivision/Neighborhood: Orange Grove Park
  • Sq.Ft.: 52,000 sq ft
  • Style: Five or More (Multi-Family)
  • Units: 47 units
  • Garage: No Street Parking, Open Parking
  • Acres: 13068 sq ft lot
  • Zoning: R-2B/T/PH
  • Air Conditioning: Wall Units/Window
  • Annual Gross Income: 600000
  • Annual Net Income: 400000.00
  • Exterior Construction: Block
  • Exterior Features: Mature Landscaping, Oak Trees, Parking - Rv/Boat, Patio/Porch/Deck Covered
  • Heating And Fuel: Central, Other, Space Heater
  • Location: Close to Bus Line, Close to Commuter Rail
  • Lot Dimensions: 134x100x134x100
  • Lot Num: 3
  • Lot Size Sq Ft: 252000
  • Management: Owner Manager
  • Num 1 Bed 1 Bath: 21
  • Num 2 Bed 1 Bath: 47
  • Num 3 Bed 1 Bath: 17
  • Numof Add Parcels: 54
  • Parcel Number: 26-22-29-6236-00-030
  • Roof: Built Up
  • Square Foot Source: Owner Provided
  • Tax Year: 2016
  • Taxes: 3776
  • Total Acreage: 5 to less than 10
  • Total Monthly Rent: 50000
  • Township: 22
  • Utilities: City Water, Electric, Public Sewer, Public Utilities
Courtesy of Philip T Cowherd Realtor