Single Family Home in Mc Quigg Ave, Orlando For Sale

  • $129,000
  • 8 beds
  • 2 baths
  • 3,596 sqft

Downtown House rented by the room to up to 8 tenants.  Owner says he typically pulls in around $2000-$2400/m.  House is insured for $1600/yr.  One of the tenants handles most of the leasing and has been doing so for many years.  The house is an old frame house.  Currently set up with 8 bedrooms and 2 baths.  Overall decent condition but if you wanted to remodel into a single family home, it would likely need a full remodel.  Doesn’t need much to keep it as is.

The real value in this deal is the location!  Look at a map and you’ll see this is in the heart of all the new Downtown development by the UCF campus and Magic Village.  Eventually this lot alone could be worth 3 times this price.  Collect rent and wait for a big developer to buy the lot.

Only 1 block from the new Orlando City soccer stadium, 2 blocks from I-4, between W Robinson and W Washington St.  Deals like this don’t come around too often and soon will be a thing of the past.  Literally in the heart of the new downtown developments.

Price:
$129,000
Address:
Mc Quigg Ave
Orlando, FL 32805
Square Feet:
3,596
Bedrooms:
8
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1927
Basement:
Flip: $30,000
MLS #:
Flip: $199,000

Call (407) 678-0062 for more details

Property Location