Investment Condo: 5452 E Michigan St, Orlando, FL, 32812, Orlando, FL - $-5,772 Annual Profit

5452 E Michigan St, Orlando, FL, 32812

5452 E Michigan St - #3

$230,000

Description

Great opportunity to own a move-in ready condominium situated in one of the most sought-after locations in Orlando, just a short drive from the airport and downtown. This residence presents a fantastic opportunity for those seeking a prime residential property, first-time buyers, or savvy investors. Enjoy the advantages of a secure gated community offering an array of amenities, including a community pool, gym, tennis court, playground, dog park, car wash area, activities room, and expansive green spaces for leisurely strolls. Positioned on the convenient first floor, this unit features 2 bedrooms and 2 baths, a charming back porch with a serene lake view, all appliances included, and an assigned parking lot for added convenience. Embrace a lifestyle of comfort and sophistication in this well-appointed condominium.

Property Information
Monthly Rent
$1,838
Monthly HOA
$874
rental Policy
STR Restrictions
Yearly Taxes
$2655
Bedrooms
2
Bathrooms
2
SQFT
1,103
Furnished
unknown
Year built
1990
MLS
O6167189

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Long-Term Rental Information
Revenue
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$27,828

Expenses
Profit
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Cap rate
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Cash on Cash
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$1,838/mo

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