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2 Beds - 1 Baths - 1,227 sqft - Built 1961
1 Beds - 1 Baths - 552 sqft - Built 1969
Purchase Price: $115,000
Rehab Level: Light
Construction: Block / Slab
Air Conditioner: Newer
Water Heater: Newer
Roof: 2017 Metal Roof
Occupancy: Occupied - Month to month tenant paying $800 per month
*Do not disturb occupants. Trespassing is a criminal offense. Why buy occupied properties?
Purchase Price 115,000
Closing & Rehab 10,000
Rent 1,700 x 12 20,400
Tax & Insurance 2,000
Est. ROI 14% w/ 20k Equity
Summary: Unique opportunity to pick up 2 rentals on 1 lot in the heart of downtown Orlando. The house is a block home and the 2nd unit is a manufactured home. The pictures of the interior are old and the house has been remodeled. Interior access is limited due to the tenant occupancy.
Avg. Retail Sale Price: $180,000
Estimated Monthly Rent: $1,700
701 23rd St - Leased - 11/19 - $1,350
1624 Duchess Dr - Leased - 2/20 - $1,200
1621 W Grant St - Leased - 10/19 - $1,250
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Phone: (407) 338-4523