Residential Income in ORLANDO

$1,049,000

804 CONCORD, 32805, ORLANDO, FL

Residential Income for sale in ORLANDO, 804 CONCORD, 32805, 3686 m²

804 CONCORD, 32805, ORLANDO, FL

$1,049,000

5Bed
5Bath
3686m²
Type: Residential Income

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.

Agent Information

Location

804 CONCORD, 32805, ORLANDO, FL

Data

Object TypeResidential Income
Purchase Price$1,049,000
Living Space3686 m²
Plot Size1849.42 m²
Bathrooms5
Construction Year1955
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeCentral
Primary Energy SourceN/A
Construction Year1955
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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