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    415 S Parramore Avenue

    Orlando, FL 32805
    • $750,000
    • STATUS: Active
    • ON SITE: 32 days
    • MLS #: S5044162
    UPDATED: 15 min ago
    $750,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,835
      SQFT
    • $196
      $/SQFT
    Type:
    Commercial
    Built:
    1952
    County:

    School Ratings & Info

    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.

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-01-20T23:40:18.34.
    www.sellandbuyhomes.com/homes/112703668
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    415 S Parramore Avenue Orlando, FL 32805

    • Price: $750,000
    • Status: Active
    • Updated: 15 min ago
    • MLS #: S5044162
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    3,835
    SQFT
    $196
    $/SQFT
    1952
    Built
    Neighborhood:
    Orlando/Washington Shores
    County:
    Orange
    Area:
    Orlando/Washington Shores
    Property 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.
    Exterior Features

    Construction Materials Block Foundation Details Slab Front Footage 50 Lot Features Central Business DistrictIn City LimitsInterior LotStreet Paved Roof Built-UpShingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Wall/Window Unit(S) Flooring Carpet Levels Two Sewer Private Sewer

    Property Features

    Additional Parcels Yn No Business Type CommercialMixedResidentialRestaurant Community Features Activity Core/CenterAirport/Runway Electric 220 VoltsSeparate Meters Flood Zone Code X Listing Terms CashConventionalFha New Construction Yn No Property Condition Completed Property Sub Type Mixed Use Special Listing Conditions None Tax Annual Amount 2460.00 Tax Year 2019 Total Num Buildings 2 Utilities Private Zoning Ac1/T


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Keller Williams Legacy Realty.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-01-20T23:40:18.34.
     
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