Off-Market Property at 3115 E Central Blvd, Orlando, FL, 32803

3115 E Central Blvd, Orlando, FL, 32803

$475,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $281 per day and long-term for an average of $2,904 per month, based on similar listings in the area. Estimated short-term cap rate of 4.7%. Estimated long-term cap rate of 0.1%. MILK DISTRICT INCOME PRODUCING PROPERTY: This charming single-family home offers a unique addition - an in-law suite designed to accommodate multi-generational living or provide additional rental income, both units have BRAND NEW AC UNITS. The front of the home features a spacious and renovated private 1-bed 1-bath suite, complete with a separate entrance and private back patio. The back of the home, you will discover a 2-bedroom, 1-bathroom unit with its own entrance. This well-appointed space provides ample living area with a beautiful kitchenette and fully renovated bathroom and laundry room. New Paint, New AC, Newly renovated! Income for this property is over $3600 per month long term and higher for short term. Seller is offering a buyer credit to use towards an interest rate buy down.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3976
Bedrooms
4
Bathrooms
2
SQFT
1,722
Furnished
unknown
Year built
1970
Listing Status
Off Market
MLS
O6154023

Short-term Rental Potential
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$56,736

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$275

Price/SQFT

Long-term Rental Potential
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$34,848

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,904/mo

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