Amy Roberts Kimball
REALTOR®
BEDS5
BATHS
SQUARE FEET2,552
MLS#O6411316
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWISSAHICKON
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Heating: Electric
Lot Size: 0.15 Acres
Roof Type: Metal, Other
Taxes: $8,712
Year Built: 1949
Amenities
Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Solid Surface Counters
Solid Wood Cabinets
Fence
Lighting
Private Mailbox
Sidewalk
Storage
Feature Descriptions
Annual Net Income: 74000.00
Community Features: Street Lights
Days on Site: 2
Directions: From Virginia Drive head West and take a right onto Asher Lane. Complex is on the right.
Exterior: Block, Frame
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot: City Limits, Landscaped, Near Public Transit, Sidewalk, Street Brick
Lot Dimensions: 0.15
Other Structures: Other, Storage
Ownership: Fee Simple
Parking: Assigned, Curb Parking, Driveway, Off Street, On Street, Parking Pad
Parking Notes: Assigned, Curb Parking, Driveway, Off Street, On Stree
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Sentri Lock Box, Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Window Treatments
Zoning: R-2A/T
Listed By / Shown By
Listed By
Agency Name: ANNE ROGERS REALTY GROUP INC
Agency Contact: 407-649-4141
Shown By
Agent Name: Amy Roberts Kimball
Agent Phone: (813) 841-3151
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 3,620.82 per month $2,559.40 Principal & Interest $726.00 Property Tax $335.42 Homeowner's InsuranceChange Payment Information
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1421, 1423, 1425, 1427 Asher Lane | MLS# O6411316
This multi-family property located at 1421, 1423, 1425, 1427 Asher Lane, Orlando, FL 32803 is currently listed for sale with an asking price of $1,150,000. Search Orlando real estate on akimball.floridaexecutiverealty.com today.