1 / 12
$1,049,000
Active
804 W CONCORD STREET
ORLANDO, FL 32805 — BELLEVUE ADD
6 Beds
6 Baths
3,686 sqft
0.46 acres
Built 1955
About This Property
SPACIOUS LOT + PRIME LOCATION = HUGE POTENTIAL! - - - Rare opportunity to acquire a 5-unit multifamily investment in Downtown Orlando’s Creative Village area. The property consists of three buildings on approximately 0.46 acres and offers stable in-place cash flow with long-term tenancy and a mix of HUD-VASH and market-rate residents.
The property currently generates approximately $92,700 in annual gross income, with a 6.64 percent cap rate at the asking price of $1,049,000. Units are individually metered for water and electric, with tenants responsible for utilities. Select interior renovations were completed in 2025, and ownership reports consistent leasing demand through the HUD-VASH program.
In addition to current income, the property offers expansion potential. Architectural plans are available for a proposed sixth unit beneath the existing second-floor apartment, and zoning permits up to seven total units, subject to buyer verification and applicable approvals.
The seller is motivated and will consider discussing post-closing property management with the buyer, creating a turnkey opportunity for local and out-of-state investors alike.
Tours are by appointment only. Please do not disturb tenants.
The property currently generates approximately $92,700 in annual gross income, with a 6.64 percent cap rate at the asking price of $1,049,000. Units are individually metered for water and electric, with tenants responsible for utilities. Select interior renovations were completed in 2025, and ownership reports consistent leasing demand through the HUD-VASH program.
In addition to current income, the property offers expansion potential. Architectural plans are available for a proposed sixth unit beneath the existing second-floor apartment, and zoning permits up to seven total units, subject to buyer verification and applicable approvals.
The seller is motivated and will consider discussing post-closing property management with the buyer, creating a turnkey opportunity for local and out-of-state investors alike.
Tours are by appointment only. Please do not disturb tenants.
Property Details
Basics
- Property Type
- Residential Income
- Property Subtype
- Quadruplex
- MLS Number
- O6444391
- Days on Market
- 1
- Year Built
- 1955
Size & Structure
- Living Area
- 3,686 sqft
- Lot Size
- 0.46 acres
- Lot Sq Ft
- 19,907 sqft
- Bedrooms
- 6
Interior
- Interior Features
- Kitchen/Family Room Combo
- Laundry
- None
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Sidewalk
- Construction
- Block
- Roof
- Concrete, Shingle
- Foundation
- Slab
Water & Pool
Community & HOA
- HOA
- No
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- X
- Parking
- Driveway
Financial
- List Price
- $1,049,000
- Annual Taxes
- $12,464
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional, VA Loan
- Special Conditions
- None