Parkside Dr., Orlando, FL 32812

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Don’t miss this one.  There are zero active, pending or sold multifamilies in the last 2 years within a mile.   Each unit is currently rented with month to month tenants.  They are paying $1,700/month.  Market rent says you should be able to collect $2,300/month in total.

Both properties are already in great shape and both have an attached 1 car garage.  The roof was replaced 4 years ago, one of the units has a new A/C, units were freshly painted a year ago, and there have been some other upgrades done intermittently.

There has not been a comparable sale for such a property in over a year. The closest and most recent are in the neighboring zip code 32806 and sell for upwards of $400,000. 
Musik, No HOA
Est. Rehab: $5,000 – $25,000
Est. ARV: $400,000
Est. Monthly Rent: $2,300
  • Address: Parkside Drive, Orlando, Florida 32812 
  • Price: $289,000 
  • Availability: Sold 
  • Listing Type: Duplex 
  • Bedrooms: 2 (2) 
  • Bathrooms: 1.5 (2) 
  • Garage/Carport: 1 Car Garage x 2 
  • Total Square Feet: 2600 
  • Construction Type: Block 
  • Year Built: 1972 

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