1421, 1423, 1425, 1427 Asher Lane, Orlando, FL 32803
- $1,074,999
- 5
- BD
- 4
- BA
- 2,552
- SqFt
- List Price
- $1,074,999
- Status
- Active
- Days on Market
- 60
- Price Change
- ▼ $75,001 1785176149
- MLS#
- O6411316
- Property Style
- Quadruplex
- Year Built
- 1949
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 2,552
- Lot Size
- 6,433
- Acres
- 0.15
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Wissahickon
- MLS Area Major
- Orlando/Colonial Town
Property Description
Exceptional and hard-to-find quadraplex investment opportunity in the heart of the highly desirable Virginia Drive District! This solid income-producing property has been completely updated and offers an excellent unit mix featuring three 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit. Each residence has been thoughtfully renovated with modern finishes, creating attractive, turnkey units with very little upkeep for both owners and tenants alike. This is a rare low cap rate opportunity in one of Orlando’s most desirable rental corridors, offering strong long-term appreciation potential and steady rental demand. The units feature newer appliances, durable flooring throughout with no carpet, and updated finishes designed for easy maintenance and long-term durability. Major exterior improvements include a new metal roof on the front duplex, a new roof on the rear duplex (2024), new central A/C systems in every unit (2024/2025), new water heaters (2024/2025) and vinyl fencing. The property was thoughtfully designed for the hands-off investor with security cameras that can be viewed from afar via the app, minimal landscaping and low ongoing maintenance requirements. Perfectly positioned just minutes from the area’s best shopping, dining, nightlife, and entertainment, this property is also conveniently located near parks, the bike trail, and Lake Ivanhoe. Tenants will love the walkable lifestyle and vibrant neighborhood atmosphere that make this one of Orlando’s most sought-after rental areas. Whether you are looking to expand your investment portfolio or secure a turnkey multi-family property in a premier location, this quadraplex is a rare opportunity with exceptional rental appeal and excellent long-term potential. Scan the QR codes located in the pictures to tour each unit.
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Additional Information
- Taxes
- $8712
- Annual Gross Income
- 84000
- Location
- City Limits, Landscaped, Near Public Transit, Sidewalk, Street Brick
- Community Features
- Street Lights, No Deed Restriction
- Property Description
- Split Level
- Zoning
- R-2A/T
- Interior Layout
- Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets
- Interior Features
- Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets
- Floor
- Ceramic Tile
- Utilities
- Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Electric
- Air Conditioning
- Central Air, Mini-Split Unit(s)
- Exterior Construction
- Block, Frame
- Exterior Features
- Fence, Lighting, Private Mailbox, Sidewalk, Storage
- Roof
- Metal, Other
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Assigned, Curb Parking, Driveway, Off Street, On Street, Parking Pad
- Flood Zone Code
- X
- Parcel ID
- 13-22-29-9429-01-220
- Legal Description
- WISSAHICKON H/44 LOT 22 BLK A
Listing courtesy of ANNE ROGERS REALTY GROUP INC. 407-649-4141
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