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$1,395,000
1 Day Online

803 N Thornton Avenue
Orlando, FL 32803

For Sale|Multi-Family|Active
Subdivision:
Overstreet Oak Hill Sub
County:
Orange
Call Now: 941-866-1666
Is this the home for you? We can help make it yours.
941-866-1666
803 N Thornton Avenue803 N Thornton Avenue803 N Thornton Avenue803 N Thornton Avenue
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Welcome to 803 N Thornton Ave, a prime investment opportunity nestled in the heart of the Mills 50 District in Orlando, FL. This expertly maintained multi-family property comprised of two duplexes with four units in total, boasts an extremely desirable location and a blend of convenience, opportunity, and potential for lucrative returns. In addition to the fantastic opportunity that this investment presents, the seller is offering a RATE BUY DOWN for full-priced financed offers. With proximity to shopping, A-rated schools, major highways, public transportation, shopping centers, dining establishments, and entertainment venues, residents have easy access to everything Downtown Orlando has to offer. Investors will appreciate the O-1T zoning which provides the opportunity for retail and office space, the positive income-generating history, and the future potential of this property. With a strong rental history and a 0% vacancy rate, this investment promises steady cash flow and long-term appreciation. With a track record of reliable tenants, you can invest with confidence knowing your property is in good hands. The strong rent and vacancy rate combined with the surrounding development within a 1.5-mile radius which will allow for increased rents with minimal improvements makes this investment a sure bet. The icing on the cake is the new 5% down investor program that was just released by Freddie Mac which allows investors to finance with only 5% down. Whether you're a seasoned investor looking to expand your portfolio or a new investor looking to HOUSE-HACK or BRRR, this property presents a versatile opportunity to capitalize on the thriving Orlando real estate market.

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Listing Snapshot
Price 
$1,395,000
Days Online 
1 Day
Bedrooms 
7
Inside Area (SqFt) 
3,120 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.19 Acres
Year Built 
1947
MLS® Number 
O6205210
Status 
Active
Property Tax 
$18,317
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS®
yesterdayListing first seen online
General Features
Construction 
Block
Parking 
Assigned
Sewer 
Public Sewer
Acreage 
0.19
Water 
Public
Property Sub Type 
Quadruplex
Garage Spaces 
4
Attached Garage 
Yes
Utilities 
Cable ConnectedElectricity Connected
Foundation 
Slab
Zoning 
O-1/T
Ownership 
Fee Simple
Parcel Number 
24-22-29-6492-04-180
Interior Features
Cooling 
Central Air
Heating 
Central
Appliances 
Built- In OvenRefrigerator
Flooring 
Wood
Interior 
Primary Bedroom Main Floor
Laundry Features 
Common AreaIn Garage
Fireplace 
No
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Exterior Features
Roof 
Shingle
Waterfront Property 
No
Exterior 
Sidewalk
Community Features
Township 
22
Senior Community 
No
MLS Area 
32803 - Orlando/Colonial Town
Schools
School District
Unknown
Elementary School
Audubon Park K8
Middle School
Unknown
High School
Winter Park High
Listing courtesy of DIAMOND REAL ESTATE GROUP 407-279-0448



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-05-16 05:35 PM EDT

Neighborhood & Commute
Source: Walkscore
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