See Home Value
$842,950*
Multifamily - Off Market

417 E GORE STREET

ORLANDO, FL 32806
bedrooms
Studio
bathrooms
0 Bath
square feet
3116 Sqft
$517,000 - $631,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Back on market due to buyer financing. Rare downtown investment opportunity! This income producing property is a triplex desirably nestled in Lake Cherokee/Delaney Park Historic District. Conveniently located within minutes of downtown Orlando including all the entertainment amenities such as the Dr. Philips Performing Arts Center, Amway Arena and the Orlando City Soccer stadium as well as Orlando Regional Medical Center, I-4 and 408. In the front building are two almost identical units, one located upstairs and one located downstairs. Both units are lined with wood floors, contain a formal living room, a dining room, 2 spacious bedrooms containing considerably sized closet space, a bathroom and bonus room. The third unit sits in the back of the complex and is equipped with one large bedroom, one bathroom, a full kitchen, formal living room and a dining room and is also lined with wood floors. Adjacent to the triplex is plenty of parking space as well as a parking garage for the convenience of all potential renters and attached is a porch for renters' outdoor enjoyment. Come see the value this triplex has to offer and consider the returns you will reap from your investment.  Two of the units are month to month and tenants have expressed interest in renewing. The third unit is under lease. Sellers not renewing two front leases so new owner can have control of new lease terms. Insurance $2,600/yr. Current rents are $3,910/mo. Front building can be converted to a single family home.

The manager has listed the unit size as 3116 square feet.
Unit Size
3,116Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$185
Property Type
Multifamily
Property Taxes
$8,214
HOA Dues
-
Year Built
1945

Price History

Date / Event Date Event Price
Jul 13, 2020 Sold to Avani Patel, Neel Patel $555,000
Sold to Avani Patel, Neel Patel
Aug 24, 2019 No longer available -
No longer available
Jun 20, 2019 Listed $574,900
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
2,694 ft²
$204/ft²
$549,000 Nov 30, -0001
$500,000 Nov 27, 2018
$500/mo
Multifamily
Stu
-
1,368 ft²
$329/ft²
$450,000 Sep 22, 2023
$450,000 Oct 24, 2023
$238/mo
House
3 Beds
2 Baths
2,488 ft²
$201/ft²
$500,000 Jun 19, 2023
$500,000 Sep 29, 2023
$394/mo
Condo
3 Beds
4 Baths
2,434 ft²
$232/ft²
$565,000 May 19, 2023
$565,000 Oct 11, 2023
$1,102/mo
House
3 Beds
3 Baths
2,210 ft²
$285/ft²
$630,000 Jun 17, 2023
$630,000 Dec 18, 2023
$205/mo
Condo
2 Beds
2 Baths
1,765 ft²
$334/ft²
$589,500 Oct 15, 2023
$589,500 Jan 13, 2024
$1,455/mo
Condo
1 Bed
2 Baths
1,423 ft²
$421/ft²
$599,000 Mar 6, 2024
-
$1,816/mo
Multifamily
4 Beds
2 Baths
1,232 ft²
$454/ft²
$559,000 Nov 14, 2023
-
$439/mo
Condo
2 Beds
2 Baths
1,918 ft²
$300/ft²
$575,000 Jan 29, 2024
-
$1,531/mo
Townhouse
3 Beds
3 Baths
1,731 ft²
$340/ft²
$589,000 Feb 1, 2024
-
$733/mo
House
3 Beds
3 Baths
1,854 ft²
$351/ft²
$650,000 Mar 1, 2024
-
$528/mo
Condo
2 Beds
2 Baths
1,557 ft²
$344/ft²
$535,000 Mar 4, 2024
-
$288/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190306
03/06/2019
5 Bed
3 Bath
3116 ft²
$599,990
bedrooms
5 Bed
bathrooms
3 Bath
square feet
3116 ft²
-
-
-
-

Building Info

417 East Gore Street 417 East Gore Street, Orlando, FL 32806
More about this Building
417 East Gore Street
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About Lake Cherokee


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