415 S Parramore Avenue,
ORLANDO FL, 32805
Description
Located in Downtown Orlando, at the heart of the City and the fast-growing Parramore area, this is the lowest-priced commercial property portfolio (3 entities) in progressive downtown. Close to the iconic multi-million dollar Amway Arena and the Exploria Soccer Stadium, not to forget the Camping World Stadium and all other billion-dollar investments taking place in the Downtown area (and luxury apartment across to be built following the City's future plans). This mixed property has: an 8-rooming house makes $54000/year, a leased single home/duplex $14100/year, in addition a restaurant making $9600/year on the first floor of the rooming house; producing a gross income $77780; net operating income $60880. CAP RATE 8.12%. Insurance $5000. Parking for 6-12 cars, recent renovations include both bathrooms in the rooming house, porch and hallways, new carpet, new interior paint, SFH's roof fixed and new appliances.
Details
| MLS# | S5044162 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 32 |
Features
| SQ Feet | 3,835 |
|---|---|
| Zoning | AC1/T |
| Acreage | 0.24 |
Market Activity 32805
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Learn More About This Property
| Area Information | |
|---|---|
| State | FL |
| County | Orange |
| City | ORLANDO |
| Zip Code | 32805 |
| Area | 32805 - OrlandoWashington Shores |
| Listing VS Median (in 32805) | |
Price: $750,000 low | high Med: $135,000 SqFt: 3,835 low | high Med: 898 $ / SqFt: $196 low | high Med: $150 On Site: 32 low | high Med: 151 | |
MLS Number: S5044162Listing Provided By:
Hazel Heyer of KELLER WILLIAMS LEGACY REALTY