Grove Ave. & Jernigan Ave. Orlando, FL 32805

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Don’t miss this opportunity to buy multiple homes in the same area with a great potential ROI!  The package consists of 2 SFR’s and a duplex.

  • The property on Grove is a 2/1, and is currently rented for $700.  The property should be taking in at least $1,000/mo.
  • The duplex consist of 1/1’s on both sides and both have already been completely rehabbed. One side is rented for $700/mo and the other side is currently vacant. The vacant side has been boarded up for security reasons, but has also been completely renovated.
  • Lastly, the 2nd SFR, which is next door to the duplex, is a 3/1.  It is currently being rented for $700/mo, but should be rented for $1,100/mo.

When all is said and done, you should be taking in a total of $3,500/mo. Taxes between all 3 are $1,650/year and I estimated $600/door for insurance.  I also put $5,000 for repairs for miscellaneous stuff.  That puts you at an ROI of roughly 12.5%.

Please call for a showing.

Holden / Parramore, No HOA

Est. Rehab: $0 – $5,000

Est. Potential Monthly Rent: $3,500

Est. ARV: $360,000 +/-

  • Address: Grove Ave. & Jernigan Ave. Orlando, FL 32805 
  • Price: $299,000 
  • Availability: Sold 
  • Listing Type: Multiple Properties 
  • Bedrooms:
  • Bathrooms:
  • Total Square Feet: 2110 
  • Construction Type: Block / Frame 
  • Year Built: Varied 

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