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$415,000 Pending

449 S Bluford Avenue
Ocoee, FL 34761

6 units | Multi Family Home
0.78 acres - MLS# O5799616
Property Photo
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Description

INVESTMENT ALERT!! Don't miss this amazing opportunity to own this 6 unit TURNKEY FULLY OCCUPIED with long term tenants income producing property! Located in the historic district of Ocoee this property features three 1 bedroom 1 bathroom units two 2 bedroom 1 bathroom units and an efficiency producing a total of $55500** in gross income with a CAP RATE JUST UNDER 10%! (9.8%)**The City of Ocoee has set aside several million dollars to redevelop the downtown increasing future property values. With a newer roof newer siding AND AN ADDITIONAL ADJACENT LOT you can build an additional residence on this property is a steal and wont last long!

Features

  • Accessibility: Accessible Entrance
  • Additional Rooms: Attic
  • Annual Expenses: 14488
  • Annual Net Income: 41011.13
  • Appliances: Cooktop, Electric Water Heater, Range, Refrigerator
  • Carport Spaces: 3
  • Carport YN: Yes
  • Construction Materials: Siding
  • Cooling: Central Air, Wall/Window Unit(s)
  • Country: US
  • County/Area: Orange County
  • Exterior Features: Fenced, Storage
  • Flooring: Tile, Wood
  • Foundation Details: Slab
  • Gross Income: 55500
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), Solid Wood Cabinets
  • Listing Status: Pending
  • Lot Dimensions: 181x187
  • Lot Features: Historic District, Oversized Lot
  • Lot Size: 0.7800
  • Lot Size Square Feet: 33993
  • Other Structures: Shed(s), Storage
  • Parcel Number: 17-22-28-6144-04-056
  • Parking Features: Common, Covered, Driveway, Guest, Off Street, Oversized
  • Patio And Porch Features: Front Porch, Patio
  • Property Type: Multi Family Home
  • Roof: Metal
  • Sq.Ft.: 3589
  • Stories: Two
  • Style: Multi-Family (Multi-Family)
  • Sub Type: Multi-Family
  • Subdivision: Ocoee Town
  • Subdivision/Neighborhood: Ocoee Town
  • Tax Year: 2018
  • Tenant Pays: Electricity
  • Total Acreage: 1/2 Acre to 1 Acre
  • Total Actual Rent: 4625
  • Total Num Buildings: 1
  • Township: 22
  • Unit Count: 3
  • Units: 6
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Water Available
  • Year Built: 1910
  • Zip Code: 34761
  • Zoning: R-1AA
  • View: City
Laura Harms 
Email: laura.harms@remax.net 
Phone:  407-310-8078


845 N. Garland Ave.
ORLANDO, FL 32801
 
agent photo

Testimonials

Laura was extremely helpful when we bought our townhouse. She respected our budget, listened to our requests and tailored our search to fit the criteria we gave her. She was knowledgeable about the areas we targeted. Laura exceeded our expectations. abspenguin
Laura found my house after an extensive search through the Winter Park area. She was able to guide me through the home buying process as a first time home buyer. She gave me great suggestions and tips on buying a house. I would recommend anyone to Laura who is looking to buy our sell a house in the local area Brian W.
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