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7 seperate units bundled together located in the same complex. If you are looking for your next investment deal then look no further. This property is for the seasoned investor that is not afraid of a little work. With high growth potential and units rented under market value there is plenty of room to get good cash flow as well as appreciation from each unit as Orlando continues to grow. The condominium association has put new roofs on every building, fixed the pool and updated the security gate to make this a desirable place to live for renters. The owner has had all HVAC units serviced. 1 Unit replaced. New flooring and paint one of the 2/2 baths. Replace 3 refrigerators and two ovens. Retextured 2 of the units and painted them. Replace windows and has had pest control servicing the units regularly. All condo assessments will be paid in full by the end of the year making the numbers cashflow even better. Seller will consider all offers.
| DAYS ON MARKET | 67 | LAST UPDATED | 9/26/2024 |
|---|---|---|---|
| TRACT | CYPRESS POINTE/LK ORLANDO | YEAR BUILT | 1982 |
| COMMUNITY | 32808 - Orlando/Pine Hills | COUNTY | Orange |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Sep 26, '24 | $1,024,000 |
|---|---|
| Sep 26, '24 - Today | $975,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32808 - Orlando/Pine Hills |
| CONSTRUCTION | Block, Concrete, Stucco |
| EXTERIOR | Balcony, Tennis Court(s) |
| HEAT | Central |
| LOT | 9148 sq ft |
| LOT DESCRIPTION | Waterfront |
| POOL | Yes |
| POOL DESCRIPTION | Gunite, Private |
| SEWER | Public Sewer |
| SUBDIVISION | CYPRESS POINTE/LK ORLANDO |
| TAXES | 1824 |
| UTILITIES | Electricity Available, Sewer Connected, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Water, Pool |
| WATER | Public |
| WATER ACCESS | LAKE ORLANDO |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Jason Hanson, LPT REALTY, 877-366-2213
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/25/24 5:46 PM PST.
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