415 N FERN CREEK AVE, ORLANDO, FL, 32803
$1,075,000
Residential
Bedrooms
9
Bathrooms
6
Living Area
2,539 Sqft
Lot Size
7,020 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.
Property Details
Property Features Property Features
MLS ID: MFRO6296532 Year Built: 1925
Appliances: Dishwasher, Dryer, Range, Washer Construction Materials: Block, Stone, Vinyl Siding, Wood Siding
Cooling: Central Air Country: US
Direction Faces: West Exterior Features: Courtyard, Sidewalk
Flooring: Carpet, Ceramic Tile, Laminate Foundation Details: Slab
Heating: Central Laundry Features: Laundry Closet
Levels: Multi/Split Listing Agreement: Exclusive Agency
Listing Terms: Cash, Conventional Occupant Type: Tenant
Other Structures: Additional Single Family Home Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Asphalt, Paved
Roof: Shingle Security Features: Security Lights
Sewer: Public Sewer Showing Requirements: 24 Hour Notice, Call Tenant, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Connected
Water Source: Public
Rooms Rooms
Kitchen: Living Room:
Primary Bedroom:
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