46 N FAIRFAX AVE new

Winter Springs,FL 32708

$ 837000

8 Beds

8 Baths

3636 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,636 sqft

Price per Sqft $230

Subdivision North Orlando

MLS Listing ID O6348836

Bedrooms 8

HOA Y/N No

Year Built 1981

Annual Tax Amount $6,196

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Great investment opportunity in Central Florida—4-unit quadplex with each unit featuring 2 bedrooms, 1 full bath, and 1 half bath. Washe/Dryer hookups in every unit. Currently, one unit is rented at $1,450/month, while three units are vacant, offering room to increase rental income to the market rate of $1,600 per unit. Recent updates include a new roof (2020), new AC units (2020), new water heaters, and fresh paint in three units. Tenants pay their own water and electric utilities, with separate meters for each unit. This turn-key property provides a strong foundation for investors to add value and grow rental income. Currently the owner pays $7,000 annually for insurance.

Location

State FL

County Seminole

Community North Orlando

Area 32708 - Casselberrry/Winter Springs / Tuscawilla

Zoning R-3

Interior

Interior Features Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Walk-In Closet(s)

Heating Central,Electric

Cooling Central Air

Fireplace false

Laundry Electric Dryer Hookup,Inside,Washer Hookup

Exterior

Exterior Feature Balcony,Sliding Doors

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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