1304 Altaloma Avenue

Orlando, FL 32803

$1,150,000
Price
8
Beds
3,100 Sq. Ft.
$371 / Sq. Ft.
3,100
Sq. Ft.
$371
per Sq. Ft.

Description

Do Not Disturb Tenants Value-Add Quadruplex in Prime Mills50 District! Investor’s dream in the heart of Orlando! Best zip code in Orlando! (Niche.com - 2024) This rare quadruplex, situated in the highly sought-after Mills50 District, offers a tremendous value-add opportunity with exceptional future potential. The property consists of two duplexes, each featuring 2 bedrooms and 1 bathroom. Three of the units have already been updated, providing immediate value, while still offering room to enhance...Do Not Disturb Tenants Value-Add Quadruplex in Prime Mills50 District! Investor’s dream in the heart of Orlando! Best zip code in Orlando! (Niche.com - 2024) This rare quadruplex, situated in the highly sought-after Mills50 District, offers a tremendous value-add opportunity with exceptional future potential. The property consists of two duplexes, each featuring 2 bedrooms and 1 bathroom. Three of the units have already been updated, providing immediate value, while still offering room to enhance the property's overall return. Located in the vibrant and centrally positioned Mills50 District, this property benefits from being at the nexus of Orlando's most dynamic neighborhoods. Just a stone’s throw away, you'll find yourself in the midst of the eclectic Ivanhoe Village, the lively Milk District, and the charming Audubon Park. Whether your tenants are young professionals, families, or students, they will appreciate the quick access to all the popular districts. The easy access to I-4 and the 408 Expressway ensures smooth connectivity to all that Central Florida has to offer. Currently, the units are rented below market value, offering immediate rental income with the potential for substantial increases. This quadruplex represents an unbeatable opportunity for savvy investors looking to capitalize on the rapidly growing Orlando market with its A+ location and potential for significant rental income increases. Seller offering partnership for redevelopment
  1. Listed by Brad Young • HOMEVEST REALTY
  2. Listed by Amro Hamza • HOMEVEST REALTY

Property Details for 1304 Altaloma Avenue

Subdivision Name
JOSEPH SCHUNCK SUB
Township
22
Carport Spaces
2
Waterfront
No
LISTING UPDATED: 10/23/2024 06:50 AM

Property Details for 1304 Altaloma Avenue

StatusActive
MLS #O6241696
Days on Market65
Taxes$9,344 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1962
Lot Size0.32 AC / 14,050 SF
CountyOrange County

Virtual Tour

Building Information for 1304 Altaloma Avenue

Stories-Residences4Year Built1962Building Size-Lot Size0.32 AC / 14,050 SF

Property Information for 1304 Altaloma Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4489.0
  • Building Area Units: Square Feet
  • Directions: Head south on I-4 W, Use the 2nd from the right lane to take exit 85 for Princeton St, Use the left 2 lanes to turn left onto FL-438 S/Princeton St, Use the middle lane to turn right onto N Mills Ave, Turn left onto Nebraska St, Turn right onto Altaloma Ave, Destination will be on the right.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 1304
  • Street Name: ALTALOMA
  • Street Suffix: AVENUE
  • State: FL
  • City: ORLANDO
Parking
  • Attached Garage: No
  • Carport: Yes
  • Garage: No
  • Parking Features: Common, Covered
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: B
  • Tax Book Number: H-5
  • Tax Legal Description: JOSEPH SCHUNCK SUB H/5 LOTS 2 & 3 BLK B
  • Tax Lot: 2
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 19-22-30-7860-02-020
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2A/T/SP/
  • Living Area: 3100
Property and Assessments
  • Year Built Numeric: 1962
  • Flood Zone Code: X
  • Flood Zone Date: 09-25-2009
  • Flood Zone Panel: 12095C0255F
  • Homestead: No
  • New Construction: No
  • Property Attached: Yes
  • Public Survey Range: 30
  • Public Survey Section: 19
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Water Source: Public
  • Num Electric Meters: 4.0
  • Num Water Meters: 2.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Sliding Doors
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 8
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Wall Units / Window Unit
  • Interior Features: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $71,101.03
  • Unit Count: 4
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Garage Spaces 1: 0
  • Unit Type Heated Sq Ft 1: 775
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 1800
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Garage Spaces 2: 0
  • Unit Type Heated Sq Ft 2: 775
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1800
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Garage Spaces 3: 0
  • Unit Type Heated Sq Ft 3: 775
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 1800
  • Unit Type Type 3: 2 Bed/1 Bath
  • Unit Type Units Total 3: 1
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 2
  • Unit Type Garage Spaces 4: 0
  • Unit Type Heated Sq Ft 4: 775
  • Unit Type Number Of Units Occupied 4: 1
  • Unit Type Pro Forma 4: 1800
  • Unit Type Type 4: 2 Bed/1 Bath
  • Unit Type Units Total 4: 1
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection

Property History for 1304 Altaloma Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1304 Altaloma Avenue

Taxable ValueLand$260,000Additions$364,741Total$624,741
Tax Record2023$9,344 ($779 / month)
Home Facts
Total Finished SqFt1,550 SqFtAbove Grade Finished SqFt1,550 SqFtStories1Lot Size14,050 SqFtStyleDuplexYear Built1962Year Renovated1975ZoningR-2A/T/SP/ANCountyORANGEAPN19-22-30-7860-02-020

Schools near 1304 Altaloma Avenue

This home is within Orange County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - K to 8
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
AUDUBON PARK SCHOOL
PublicPK to 8

Cornerstone Academy Charter
CharterK to 8

Cornerstone Charter Academy High School
Charter9 to 12

Edgewater High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1304 Altaloma Avenue is a multi-family home for sale in Orlando, FL 32803. This property was listed for sale on September 17, 2024 by HOMEVEST REALTY, it's currently listed at $1,150,000. This listing's school district is Orange County Public Schools. Nearby schools include AUDUBON PARK SCHOOL, Cornerstone Academy Charter and Cornerstone Charter Academy High School. 1304 Altaloma Avenue is a 8-bed, 0-bath, 3,100 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HOMEVEST REALTY, Brad Young; HOMEVEST REALTY, Amro Hamza

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/23/2024 06:50 AM