RichardTaylor
BEDS6
BATHS
SQUARE FEET3,686
MLS#O6444391
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBELLEVUE
Property Description
SPACIOUS LOT + PRIME LOCATION = HUGE POTENTIAL! - - - Rare opportunity to acquire a 5-unit multifamily investment in Downtown Orlando's Creative Village area. The property consists of three buildings on approximately 0.46 acres and offers stable in-place cash flow with long-term tenancy and a mix of HUD-VASH and market-rate residents.The property currently generates approximately $92,700 in annual gross income, with a 6.64 percent cap rate at the asking price of $1,049,000. Units are individually metered for water and electric, with tenants responsible for utilities. Select interior renovations were completed in 2025, and ownership reports consistent leasing demand through the HUD-VASH program.In addition to current income, the property offers expansion potential. Architectural plans are available for a proposed sixth unit beneath the existing second-floor apartment, and zoning permits up to seven total units, subject to buyer verification and applicable approvals.The seller is motivated and will consider discussing post-closing property management with the buyer, creating a turnkey opportunity for local and out-of-state investors alike.Tours are by appointment only. Please do not disturb tenants.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.46 Acres
Roof Type: Concrete, Shingle
Taxes: $12,463
Year Built: 1955
Amenities
Kitchen/Family Room Combo
Sidewalk
Feature Descriptions
Annual Net Income: 70000.00
Days on Site: 7
Directions: From downtown Orlando, take W Central Boulevard west, turn left onto N Parramore Avenue, then turn right onto W Concord Street; 804 Concord St will be on your right in the Parramore/Creative Village area, about a 5â??10 minute drive depending on traffic.
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, VA Loan
Lot Dimensions: 0.46
Ownership: Fee Simple
Parking: Driveway
Parking Notes: Driveway
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Call Before Showing
Special Sale Provisions: None
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available
Water: Public
Water Access Y/N: No
Zoning: R-2B/T/PH
Listed By / Shown By
Listed By
Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509
Shown By
Agent Name: Richard Taylor
Agent Phone: Cell: (305) 775-4064
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 3,679.16 per month $2,334.62 Principal & Interest $1,038.58 Property Tax $305.96 Homeowner's InsuranceChange Payment Information
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804 W Concord Street | MLS# O6444391
This multi-family property located at 804 W Concord Street , Orlando, FL 32805 is currently listed for sale with an asking price of $1,049,000. Search Orlando real estate on rtaylor.realty100.com today.