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Orlando, FL 32811

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For Sale

$1,389,000

11 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 41-50 Years Old
    Age

Explore this Property

THIS LISTING IS FOR 8-UNITS INVESTMENT PACKAGE! PRIME ORLANDO LOCATIONS. EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY STRONG CASH FLOW & HIGH DEMAND LOCATIONS. - LOCATIONS: 3 UNITS IN PINE SHADOWS CONDOMINIUM, IN DIFFERENT BUILDINGS (KIRKMAN RD & CONROY RD AREA, NEAR UNIVERSAL PARKS) AND 5 UNITS IN PARK CENTRAL CONDOMINIUM, IN DIFFERENT BUILDINGS (CONROY AND JOHN YOUNG PKWY, NEAR THE MALL AT MILLENIA). THIS SELF-MANAGED PORTFOLIO OF 8 CONDOS OFFERS IMMEDIATE CASH FLOW, WITH ALL UNITS 100% LEASED, GENERATING INCOME FROM DAY ONE. LOCATED IN TWO HIGH-DEMAND ORLANDO COMMUNITIES, THESE UNITS ARE IDEALLY POSITIONED FOR LONG-TERM APPRECIATION AND RENTAL STABILITY. OCCUPANCY: ALL 8 UNITS ARE 100% LEASED. SELF-MANAGED BY THE OWNERS, SMOOTH TRANSITION FOR NEW OWNERSHIP. FINANCIALS: MONTHLY RENTAL INCOME: $13,020 | HOA FEES: PINE SHADOWS: $1,197/MONTH, PARK CENTRAL: $1,702/MONTH | PROPERTY DETAILS UNIT TYPES & SIZES: 3 UNITS 2 BED / 2 BATH WITH GARAGE | 5 UNITS 1 BED / 1 BATH | CONDITION & RENOVATIONS: VERY WELL-MAINTAINED UNITS, MOVE-IN READY | LEASE TERMS: STABLE TENANTS WITH A SOLID PAYMENT TRACK RECORD SOME LEASES ARE NEARING EXPIRATION. | TENANT QUALITY: EXCELLENT TENANTS WITH PROVEN RELIABILITY | INVESTMENT HIGHLIGHTS: CLOSE TO UNIVERSAL STUDIOS AND THE NEW EPIC UNIVERSE PARK, MILLENIA MALL, MAJOR EMPLOYERS AND ATTRACTIONS - HIGH RENTAL DEMAND & APPRECIATION POTENTIAL ORLANDO S MARKET CONTINUES TO GROW - TURNKEY INVESTMENT OCCUPIED UNITS GENERATE IMMEDIATE CASH FLOW - FLEXIBLE INVESTMENT STRATEGY, OWNER OPERATED. BULK SALE PREFERRED, BUT INDIVIDUAL UNIT SALES CAN BE CONSIDERED. SERIOUS INQUIRIES ONLY. CONTACT FOR MORE INFORMATION AND PROPERTY DETAILS. **Please note that SIRS (Structural Inspections Reporting System) and Milestone Inspections are not required for THE PINE SHADOWS CONDOMINIUM, as it is under the 3-story and above requirement. Pine Shadows Building are 2-story. **For the Park Central Condominium, the HOA has completed the required SIRS and Milestone Inspections. A BROCHURE IS READILY AVAILABLE. PLEASE SEE THE ATTACHMENT OR CONTACT YOUR AGENT. Listing agent has ownership interest in the properties. - Pine Shadows Address: 4457 PINEBARK AVE UNIT 44-1, 4448 PINEBARK AVE UNIT 56-1, 4379 WHITE PINE AVE UNIT 83-2, - Park Central Address: 5144 CITY ST UNIT 237, 2314 MIDTOWN TER UNIT 1126, 5017 CITY ST UNIT 1932, 2200 METROPOLITAN WAY UNIT 926, 5016 PARK CENTRAL DR UNIT 2231.
MLS# O6313868

Courtesy Of Empire Network Realty

(407) 440-3798

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Ceiling Fan, Security System, Security System
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Oven - Convection, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Block, Stucco, Vinyl Siding
  • Floor Covering
    Carpet, Tile, Tile - Ceramic

Area Map

Home seller CENTURY 21 Carioti

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Carioti

(407) 354-0074
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Monthly Payment Breakdown

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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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