132 Concord StOrlando, FL 32801

Property Details for 132 Concord St

Property size (Sq ft)

2,941 SF

Property type

Apartment buildings

Description

This exceptional eight-unit multifamily property, known as Concord Apartments, presents a compelling investment opportunity in the heart of Downtown Orlando. Situated on a 0.23-acre lot, the complex comprises two two-story buildings totaling approximately 2,941 gross square feet. The property underwent a complete renovation in 2024, ensuring modern amenities and updated features. The unit mix includes five studios, two one-bedroom/one-bathroom units, and one studio cottage. A significant advantage is the inclusion of utilities in the rent, paid by the landlord, simplifying management and maximizing rental income. The projected annual income for year one is $152,400. Conveniently located in the Lake Eola area of Downtown Orlando, this property offers easy access to I-4, major theme parks, and Orlando International Airport. On-site laundry facilities add further value and convenience for residents. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a prime Orlando location. The property's strong rental history and desirable location make it an ideal investment for both seasoned and emerging investors seeking a stable and appreciating asset in a thriving market.

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5507

Longitude

-81.3755

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