2400 Garbelia Avenue
ORLANDO, FL 32817

Description

Back on the market! PRICE DROP REFLECTS WORK LEFT TO BE DONE. Copy of inspection report available. Lots of Repairs and upgrades have been made. Investors dream, huge cash flowing property. Sitting on .69 of an acre, four modular homes all currently rented on month to month leases. 2400 Garbelia 2/1 with a den and very nice fenced in yard rented for $800 , 2408 Garbelia 4/2 rented for $1150, 2414 Garbelia 2/1 rented for $1150, 2418 2/1 rented for $900. Units with lower rent rates have been rented for quite some time so can easily be increased to match the others. Units rent extremely fast. Some units could use some tlc, but the value in this property is enormous. Seller just invested $3,000 to upgrade the 4/2 which has a new lease for $1,150 a month. FINAL PRICE DROP BECAUSE SELLER IS MOVING OUT OF THE COUNTRY AND SELLING OFF ENTIRE PORTFOLIO.

Details

MLS#O5737720
Sub-TypeResale
StatusPending
Year1980
Days On Site259

Features

SQ Feet3,172
Units4
Building(s)4

Market Activity 32817

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Area Information

StateFL
CountyOrange
CityORLANDO
Zip Code32817
Area32817 - Orlando/Union Park/University Area
Listing VS Median (in 32817)
Price:
$245,888
low | high
Med:
$251,150
47.860001301406% of Average
SqFt:
3,172
low | high
Med:
1,783
93.805170239596% of Average
$ / SqFt:
$78
low | high
Med:
$151
45.136413181315% of Average
On Site:
259
low | high
Med:
75
100% of Average
Listing Updated: 06/18/2019
MLS Number: O5737720
Listing Provided By:
Thomas Neubacher  of  GATE PROPERTIES MANAGEMENT INC

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