415 N FERN CREEK AVE, ORLANDO, FL, 32803
$990,000
Residential Income
Bedrooms
9
Bathrooms
6
Living Area
3,590 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 12/31/26 at $1500/month 415: 1 Bed, 1 Bath – Lease through 3/31/26 at $1345/month (offered renewal at $1500/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 $1995/month Monthly Rental Income: $7045/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 came back at 1,050,000, providing instant equity and 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: MFRO6307412 Year Built: 1925
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Construction Materials: Cement Siding, Stone, Stucco, Vinyl Siding
Cooling: Central Air Country: US
County Or Parish: Orange Exterior Features: Courtyard, Sidewalk, Sliding Doors
Financial Data Source: Owner Fireplace Features: Decorative
Flooring: Carpet, Ceramic Tile, Laminate Foundation Details: Slab
Heating: Central Laundry Features: Inside, Laundry Closet
Lease Term: Twelve Months Listing Agreement: Exclusive Agency
Listing Terms: Cash, Conventional Occupant Type: Tenant
Parking Features: Common, Driveway Patio And Porch Features: Patio, Rear Porch
Pets Allowed: Yes Property Condition: Completed
Property Sub Type: Quadruplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity, Sewer, Trash Collection
Utilities: Electricity Connected Water Source: Public
Window Features: Blinds
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