$1,550,000

ORLANDO FL, 32803

Description

The Lofts at Concord is an 8 unit multi-family property located in Downtown Orlando, Florida. The property consists of two separate adjacent parcels. The both parcels are 0.18 acres for a total of 0.36 acres of land. The property consists of three buildings including a brick 4plex (four 2 bedroom and 1 bath units) that was built in 1925, a stucco over wood frame duplex (two 1 bedroom and 1 bath units) above a four car garage also built in 1925 and a duplex (two 2 bedroom and 1 bath units) that was built in 1958 of concrete block construction. The interiors feature refinished hardwood floors, dishwashers, granite countertops, updated cabinetry, separate central HVAC systems and remodeled bathrooms. Each unit is individually metered for electricity and gas. Tenants pay for their electric, cable, gas, trash and sewer is paid by each tenant at a flat rate on their monthly utility bill, the landlord only pays for water and common-area electricity. Unit 809 has washer and dryer hook-ups; all other units use an on-site common laundry room area with smart phone-controlled, state-of-the-art commercial laundry equipment that is professionally maintained by a third-party agreement (Aaxon Holdings LLC).

Details

MLS#O5821372
StyleIndustrial
Sub-TypeResale
StatusActive
Year1958
Days On Site49

Features

SQ Feet7,630
Story(s)1
ZoningR-2B/T/HP

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Area Information

StateFL
CountyOrange
CityORLANDO
Zip Code32803
Area32803 - Orlando/Colonial Town
Listing VS Median (in 32803)
Price:
$1,550,000
low | high
Med:
$335,000
100% of Average
SqFt:
7,630
low | high
Med:
1,883
100% of Average
$ / SqFt:
$203
low | high
Med:
$178
62.42355198465% of Average
On Site:
49
low | high
Med:
23
100% of Average
Listing Updated: 12/10/2019
MLS Number: O5821372
Listing Provided By:
Ryan Langley  of  FLORIDA REALTY INVESTMENTS

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