Photo 1 of 1
$292,000
Sold on 10/04/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
5,650 |
$6,000 |
1975 |
On the market:
83 days
|
View full details, 15 photos, school info, and price history
ATTENTION ALL INVESTORS LOOKING FOR A MULTI FAMILY RENTAL
STARTING WITH 5 UNITS ON A SWEET 2.5 ACRES IN ORLANDO FL
CURRENTLY 5 UNITS ARE AS FOLLOWS
1 SOLID BLOCK DUPLEX{ 4BD 1BTH, 2BD 1BTH} 3000 SQ FT
1 WOOD FRAME DUPLEX {2BD 1BTH ,1BD 1BTH} 1100 SQ FT
1 WOOD FRAME SINGLE FAMILY. {1BD 1BTH} 900 SQ FT
CURRENT RENTAL FROM 3 UNITS IS $2500 {$1000+$1000+$500}
POTENTIAL RENT CAN BE $5200/MONTHLY AFTER RENOVATION
{1800+1200+800+700+700 = $5200}
ALL TENANTS ARE ON A MONTH TO MONTH BASIS
THE WOOD FRAME DUPLEX WILL BE DELIVERED VACANT
THE PROPERTY IS ZONED FOR A COMBINATION OF SFR AND MH
IN ADDITION TO THE 5 UNITS THE PROPERTY ALSO HAS 4 SHEDS WHICH ARE PERFECT FOR STORAGE ,RECREATION OR PARKING .
4 OUT OF 5 UNITS REQUIRE HEAVY RENOVATION ,
THEREFORE IF YOU ARE LOOKING FOR A FULLY RENOVATED MULTI FAMILY HOUSE ,THIS IS NOT THE RIGHT CHOICE ,
THE PROPERTY IS CURRENTLY ON 3 SEPTICS, ALL 3 HAVE BEEN PUMPED WITHIN A YEAR ACCORDING TO PRIOR OWNER
PLEASE KEEP IN MIND THAT THIS IS A 5 UNIT CASHFLOWING PROPERTY WHICH NEEDS SOME LEVEL OF RENOVATION AND HAS A HUGE POTENTIAL OF HIGHER RENTS, MORE UNITS AND LAND VALUE .
LOOKING FOR ONLY CASH , HARD MONEY BUYERS OR CONVENTIONAL
BUYERS AGENTS MUST DO THEIR OWN DUE DILIGENCE AND VERIFY INFORMATION.
Listing courtesy of Alin Zdroba, PROPERTIO