McQuigg Ave, Orlando FL 32805

Downtown house rented by the room for up to 8 tenants. Owner says he typically pulls in around $2000-$2400/m. House is insured for $1600/yr. One of the tenants handles most of the leasing and has been doing so for many years. The house is an old frame house. Currently set up with 8 bedrooms and 2 baths. Overall decent condition but if you wanted to remodel into a single family home, it would likely need a full remodel. Doesn’t need much to keep it as is.

The real value in this deal is the location! Look at a map and you’ll see this is in the heart of all the new Downtown development by the UCF campus and Magic Village. Eventually this lot alone could be worth 3 times this price. Collect rent and wait for a big developer to buy the lot.

Only 1 block from the new Orlando City soccer stadium, 2 blocks from I-4, between W Robinson and W Washington St. Deals like this don’t come around too often and soon will be a thing of the past. Literally in the heart of the new downtown developments.

Sunset Park – Assignable

Est. Rehab: $5,000 – $10,000

Est. Monthly Rent: $2,000 – $2,400

Est. ARV: $199,000

  • Address: McQuigg Ave, Orlando FL 32805 
  • Price: $122,000 
  • Availability: Sold 
  • Listing Type: Single Family 
  • Bedrooms: 8 
  • Bathrooms: 2 
  • Total Square Feet: 3596 
  • Construction Type: Frame 
  • Year Built: 1927 

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