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1922 CLOVERLAWN AVE, ORLANDO, FL 32806
1922 CLOVERLAWN AVE
Courtesy of NOVA REAL ESTATE SERVICES INC, Fernanda Negromonte  Listing Contact: 407-592-1744 

1922 CLOVERLAWN AVE

1922 CLOVERLAWN AVE, ORLANDO, FL 32806

$1,400,000
HIGHLIGHTS
  • 10 Beds
  • 0.51 Acres Lot
  • 3,049 Sq.Ft. Living
  • 1946 Year Built
  • For Sale Status
  • O6446443 MLS® ID
100% LEASED | 5-UNIT INVESTMENT OPPORTUNITY | PRIME ORLANDO INFILL LOCATION

Turnkey multifamily investment opportunity in the highly desirable SoDo/Conway area, just minutes from Downtown Orlando, SR-408, I-4, shopping, dining, and major employment centers.

The property is 100% leased, with all five units occupied and generating immediate in-place income. Current gross scheduled income is $87,600 annually, representing a 16.0x GRM and an attractive basis of approximately $280,000 per unit.

The property consists of three buildings, including a newer third unit, with the original improvements featuring 1946 concrete-block construction. The original building have been fully renovated.

Investment Highlights

100% leased - all 5 units occupied with in-place income

$87,600 gross scheduled annual income

16.0x GRM

Approximately $280,000 per unit

Three buildings, including a newer third unit

Concrete-block construction

Prime SoDo/Conway Orlando infill location

Minutes to Downtown Orlando, SR-408 and I-4

Turnkey investment with immediate cash flow

Financials and current rent roll available to registered buyers.
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Thank you for your interest in 1922 CLOVERLAWN AVE, ORLANDO, FL 32806. We are reviewing your request and will be in touch shortly!

Features and Amenities

Interior

  • Total Bedrooms10
  • Total Bathrooms5
  • Laundry roomOutside
  • other interior FeaturesKitchen/Family Room Combo

Area & Lot

  • Status For Sale
  • Living Area3,049 Sq.Ft.
  • Lot Area0.51 Acres
  • MLS® IDO6446443
  • TypeMulti-Family
  • YEAR BUILT1946

Exterior

  • Water SourcePublic
  • utilitiesCable Available, Electricity Available
  • roofConcrete, Shingle
  • HEAT TYPECentral
  • AIR CONDITIONINGMini-Split Unit(s)
  • sewerSeptic Tank
  • SubstructureBlock, Slab
  • other exterior FeaturesNone

Financial

  • Sales Price$1,400,000
  • Real Estate Tax $11,996/yr
  • Zoning R-2

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WORK WITH FERNANDA

Fernanda works tirelessly to ensure her clients’ goals and best interests are the foundation of her approach to buying and selling Real Estate.

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