For Sale
$115,999

7601 Canada AveOrlando, FL 32819

Two-unit rental portfolio, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a two-unit, Class B multifamily property located in Orlando, Florida's vibrant International Drive tourist corridor. Built in 1999, this single-building, six-story property boasts a total of 1,084 square feet of net rentable space, currently operating at 73% occupancy. Each unit is fully furnished and features a complete kitchen, a pull-out couch with a TV in the living room, and a bedroom with two full-size beds. The property's prime location offers unparalleled access to major attractions, including Universal Studios, SeaWorld, and numerous restaurants and shops, all within a short distance. The proximity to the Orange County Convention Center and the high volume of tourism in the area contribute to strong rental demand and potential for significant rental income. The property is zoned for short-term rentals, providing flexibility for various rental strategies, including Airbnb. Historical sales data indicates comparable properties in the area have sold for significantly higher prices, suggesting strong potential for appreciation. This turnkey investment offers a compelling opportunity to capitalize on Orlando's thriving tourism market and generate substantial returns. The asking price is $115,999 per unit, or $231,998 for both. Financial performance data suggests a strong return on investment, with occupancy rates mirroring the overall market rebound. The property's location near major theme parks, the convention center, and other attractions ensures consistent demand and high occupancy rates. This is a rare opportunity to acquire a well-located, income-generating property in one of the nation's top tourist destinations.

Highlights

  • $115,999 asking price for a two-unit, Class B multifamily property in Orlando, FL.
  • 1,084 square feet, 73% occupancy.
  • Located in Orlando's International Drive tourist corridor, near major theme parks and attractions.
  • Excellent location provides strong rental income potential, suitable for short-term rentals (Airbnb).
  • Turnkey operation with optional management services available.
  • Individual units are also available for purchase.

Property Details for 7601 Canada Ave

Property type
Residential income homes
Square Feet
1,084 SF
Class
B
Year Built
1999
Buildings
1
Stories
6
Units
2

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.451826560008
Longitude
-81.468023713562
7601 Canada Ave, Orlando, Florida

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7601 Canada Ave
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