1615 29th Street, Orlando, FL 32805

$229,000
2,040
SqFt
List Price
$229,000
Status
Active
Days on Market
6
Price Change
▼ $7,000 1568234430
MLS#
O5810879
Property Style
Retail
Year Built
1985
Living Area
2,040
Lot Size
7,731
Acres
0.18
Total Acreage
Up to 10,889 Sq. Ft.
Legal Subdivision Name
Rio Grande Terrace Add 06
MLS Area Major
Orlando/Washington Shores

Property Description

This value-add retail center is priced to sell and will benefit from a small capital investment. This concrete block strip center has 2 reliable tenants of a barber shop and also a beauty Salon and one vacancy. The current tenants are under month to month lease and are leased below market by a total of $2,400 per year. Current gross rent is $16,800/year with potential of $28,800 after repairs and fully leasing at market rent.

Additional Information

Taxes Annual
$1589
Community Features
No Deed Restriction
Zoning
C-1
Utilities
Public
Heating
Electric
Air Conditioning
Wall/Window Unit(s)
Pool
No Pool
Flood Zone Code
X
Parcel ID
03-23-29-7436-09-280
Legal Description
RIO GRANDE TERRACE 6TH ADD X/141 LOT 28BLK I

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of OPTIM REAL ESTATE LLC.

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