Off-Market Property at 102 Wilmer Ave, Orlando, FL, 32811

102 Wilmer Ave, Orlando, FL, 32811

$344,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $212 per day and long-term for an average of $2,199 per month, based on similar listings in the area. Estimated short-term cap rate of 6.3%. Estimated long-term cap rate of 0.6%. Location! Location!! Location!!! Next to MetroWest in between Orlando Downtown and all the area attractions. Public transportations, Hospitals, Schools, Highways, shopping and City/County amenities are just minutes away. It's a fully renovated home in a neighborhood with no HOA . The roof is BRAND NEW ( 11/2023 ), the kitchen is upgraded with QUARTZ countertops, wooden cabinets and soft closing hinges. New wood like vinyl flooring except the baths. Fresh paints in and out. There is a separate block structure( small house ) in the back which can be used for multiple purposes. It's like a 2 in 1. The 480 sqft Covered carport and adjacent laundry room are the additional spaces than the main house. There are lots of potentials of addition and conversion to this gem. You may not find another one of this kind in the area. So, try to catch it before it's gone!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$2255
Bedrooms
4
Bathrooms
2
SQFT
1,500
Furnished
unknown
Year built
1968
Listing Status
Off Market
MLS
O6162656

Short-term Rental Potential
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$45,972

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$229

Price/SQFT

Long-term Rental Potential
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$26,388

Revenue
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Profit
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Cap rate
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$2,199/mo

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