Off-Market Condo: 5 at 623 Delaney Ave, Orlando, FL, 32801

623 Delaney Ave, Orlando, FL, 32801

- #5

$199,900

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $1,556 per month, based on comparable local listings. Estimated long-term cap rate of 2.0%. Great opportunity to own this 1 bedroom / 1 bathroom condo within the heart of Downtown Orlando. This condo has been updated with a NEW kitchen, bathroom, electrical panel, and interior paint. Features include a new kitchen with white cabinetry, granite countertops, appliances, tiled back splash, and disposal, a new bathroom with white cabinetry, granite countertop, shower, bathtub, and tile flooring. Delaney Place is a quaint condo community consisting of only 28 condos. Nearby everything Downtown and SoDo have to offer.

Property Information
Monthly Rent
$1,556
Monthly HOA
$0
Rental Policy
STR Restrictions
Yearly Taxes
$1937
Bedrooms
1
Bathrooms
1
SQFT
625
Furnished
unknown
Year built
1974
Listing Status
Off Market
MLS
O6184473

Long-term Rental Potential
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$18,672

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,556/mo

Rent