$820,000
$850,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1858 Cornell AVE Winter Park, FL 32789
3,098 SqFt
Key Details
Sold Price $820,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,098 sqft
Price per Sqft $264
MLS Listing ID 950398
Sold Date 01/27/23
HOA Y/N No
Total Fin. Sqft 3098
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1945
Annual Tax Amount $10,020
Tax Year 2022
Lot Size 8,789 Sqft
Acres 0.2
Property Sub-Type Multi Family
Property Description
Huge Upside Potential of 11 Affordable Apartments near Downtown Winter Park! Current Occupancy is 8 out of 11 units. 3 1bedroom Units and 8 Efficiency Type Units. 7.98% Proforma Cap at Market Rents. Priced at only $77,272 per unit! Landlord provides Electric, Water, Septic and Gas. Investment package available. Please do not disturb tenants.
Location
State FL
County Orange
Area 902 - Orange
Direction From W. Fairbanks Ave, go South on Clay St, then West on Cornell Ave.
Interior
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile
Appliance Electric Range, Refrigerator
Exterior
Exterior Feature ExteriorFeatures
Pool None
Utilities Available Electricity Available, Water Available
Amenities Available Management - Off Site
Garage No
Building
Sewer Septic Tank
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 12 22 29 8272 03 110
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Spectrum, Inc.