Investment Condo: 722 E Michigan St, Orlando, FL, 32806, Orlando, FL - $-3,480 Annual Profit

722 E Michigan St, Orlando, FL, 32806

722 E Michigan St - #146

$195,000

Description

THE SODO RETREAT // Check out this 3 bedroom, 2 bath condo in the La Costa Brava community in SODO! This second floor unit has so much space and potential. The main living areas boasts laminate flooring, an open layout, and spacious kitchen! The primary bedroom has a large walk-in closet with custom built-ins for ample storage. Primary Bathroom features newer laminate flooring and vanity. Both shower/tub combos have been updated with beautiful, modern tile. The unit features an interior laundry nook to store your washer and dryer for your convenience! This lakefront community also features two beautiful pools, club house, fitness center, boat slip and dock giving you access to Lake Pineloch. Located just South of Downtown, you have the convenience of walking to shops and restaurants in this thriving part of town. Zoned for Boone High School/Blanker K-8. You are also just minutes from Downtown Orlando,  Hourglass District, Thornton Park, Conway, Curry Ford, and more. Centrally located, it is an easy drive to I-4, 408 and the airport. Come see this beautiful condo today

Property Information
Monthly Rent
$2,396
Monthly HOA
$1542
rental Policy
STR Restrictions
Yearly Taxes
$1279
Bedrooms
3
Bathrooms
2
SQFT
1,181
Furnished
unknown
Year built
1969
MLS
O6168655

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Long-Term Rental Information
Revenue
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$32,232

Expenses
Profit
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Cap rate
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Cash on Cash
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$2,396/mo

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