New Listing - 04/03/2025
415 N FERN CREEK AVENUE, Orlando, FL, 32803
3 rooms
9 beds
6 Full baths
1925
2,539 sqft
Rare Investment Opportunity in Downtown Orlando – Multi-Family Quad Unit! Don't miss out on this unique and highly lucrative investment property in the heart of Downtown Orlando! This multi-family quad unit is listed as a single parcel, yet consists of two separate structures, offering a total of four occupied units. All units come with renewed leases, providing immediate cash flow and a hassle-free investment opportunity. 413: 2 Bed, 1 Bath – Lease through 12/31/25 at $1500/month 415: 1 Bed, 1 Bath – Lease through 3/31/26 at $1345/month 417: 3 Bed, 2 Bath – Lease through 5/31/26 at $2050/month 419: 3 Bed, 2 Bath – Recently renovated, listed for rent at $2400/month Potential Rental Income: $7300/month This property is a turn-key investment with no additional upgrades needed. The units are well-maintained with a termite bond and pest control contract in place through 2025. The roofs were replaced in 2016 for units 413 & 415, while units 417 & 419 have a roof replaced in 2008. A 2024 appraisal supports the asking price, providing solid value for buyers. Key Features: Prime Downtown Orlando location Turnkey, fully-leased multi-family investment Excellent rental income potential Termite bond and pest control contract No additional investment required! This property is an exceptional opportunity for investors seeking stable cash flow in one of Orlando's most desirable areas. With long-term leases in place and great tenants, it's a perfect addition to any real estate portfolio.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Laundry Closet
Subdivision:
BROOKSHIRE
Heating:
Central
Cooling:
Central Air
Levels:
2
Acreage:
0.16
Est. Taxes:
$9,830
Construction
Block, Stone, Vinyl Siding, Wood Siding
Utilities
Electricity Connected
Elementary School:
Lake Como Elem
Middle School:
Lake Como School K-8
High School:
Edgewater High
Days on Market:
1
Elevator:
N
Appliances:
Dishwasher, Dryer, Range, Washer
Min Lease Term:
No Minimum
MLS #:
O6296532
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of DON ASHER & ASSOCIATES, INC. Phone: 407-425-4561