ORLANDO, FL 32801

Property

Ownership: Fee Simple
Type: Single Family
Bedrooms: 8 BR
Bathrooms: 6
Pets: Pets Allowed
Lot Size: 0.2 Acres

Financials

Price:$1,300,000
Annual Taxes:$10,644
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of MAINFRAME REAL ESTATE

A rare multi family home and exceptional quadplex investment opportunity located in Downtown Orlando's highly sought after Lake Davis Greenwood neighborhood.

Catherine St - New Construction Triplex

Description

A rare multi-family home and exceptional quadplex investment opportunity located in Downtown Orlando's highly sought-after Lake Davis-Greenwood neighborhood. This turnkey multiplex combines one fully renovated historic home with a quadplex featuring three new apartments on a single parcel, offering an ideal opportunity for investors, owner-occupants, or those seeking a multi-generational living arrangement. Encompassing approximately 3,658 square feet, this quadraplex includes four income-producing units with eight bedrooms, five bathrooms, and one separately metered one-car garage accessed from the exterior. Tenants enjoy four private parking spaces plus guest parking off Catherine Street. Each residence features its own private washer and dryer, creating a highly desirable, low-maintenance rental property designed to support premium rents. The property currently generates approximately $9,000 per month in gross rental income (approximately $108,000 annually), with a diversified unit mix that provides multiple income streams and strong rental demand. The front residence, originally built in 1950 and extensively renovated in 2018, offers three bedrooms, two bathrooms, and a flexible bonus room ideal for a home office, playroom, or guest suite. Additional features include a natural gas range, on-demand gas water heater, gas dryer, spacious primary bedroom, and walk-in closet. Behind the main home is a newly constructed building, completed in 2023, featuring three separate apartments with individual addresses (Units A, B, and C). The rear building includes a downstairs two-bedroom, one-bath apartment with a private fenced backyard, an upstairs fully furnished two-bedroom, one-bath apartment with soaring 12-foot ceilings, and an upstairs studio apartment, all finished with contemporary materials and designed for low-maintenance ownership. Whether you're searching for a high-performing multi-family home, an investment quadplex, a multiplex with excellent income potential, or a property suited for multi-generational living, this offering provides exceptional flexibility. Live in one unit while generating rental income from the others, or lease all four units for immediate cash flow and long-term appreciation. Located within walking distance of 903 Mills Market, Lake Davis, Greenwood Urban Park, Delaney Park, and Thornton Park, the property also offers convenient access to Orlando Health, the Dr. Phillips Center for the Performing Arts, the Kia Center, Inter&Co Stadium (Orlando City Soccer), and Downtown Orlando's premier dining, entertainment, and employment centers.

Amenities

  • Blinds
  • Cable - Available
  • Cable Connected
  • Ceiling Fans(S)
  • Dishwasher
  • Disposal
  • Dryer
  • Electricity Available
  • Electricity Connected
  • Private Mailbox
  • Range
  • Refrigerator
  • Sidewalk
  • Solid Surface Counters
  • Thermostat
  • Walk-In Closet(s)
  • Washer
  • Window Treatments

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.