Investment Opportunity: , Unit 1104, Orlando, FL - $-2,736 Profit

5550 E Michigan St, Orlando, FL, 32822

5550 E Michigan St - #1104

$170,000

Description

Welcome to your oasis at the Registry at Michigan Park! Nestled in this vibrant community, this first-floor condo offers the epitome of comfortable living with an array of amenities to elevate your lifestyle. Upon entering, you're greeted by a cozy yet spacious interior that boasts 1 bedroom and 1 bathroom, perfect for those seeking convenience and style. The living space is thoughtfully designed to maximize comfort and functionality, providing the ideal canvas for relaxation or entertaining guests. As a resident, you'll enjoy access to an impressive array of amenities. Keep your fitness routine on track at the state-of-the-art fitness center, take advantage of concierge services for added convenience, or conduct business with ease at the on-site business center equipped with conference rooms. For leisurely pursuits, indulge in a game of billiards in the billiard room or soak up the Florida sunshine at one of the two community pools with expansive sundecks. Families will appreciate the kid's activity center, offering endless opportunities for fun and play. With property management on-site, you can rest assured that your needs are promptly attended to, ensuring a hassle-free living experience. Additionally, the HOA fee covers essential services such as Basic Cable/Internet, water, and pest control, offering exceptional value and peace of mind. Recent community updates and upgrades further enhance the appeal of this residence. Last year, the community invested in enhancing security with updated video surveillance cameras, refreshed all common areas with a fresh coat of paint, and embarked on a comprehensive renovation project. This includes replacing the roof, painting the exterior, replacing gutters, and upgrading the common area flooring with durable and stylish LVP planks. A key fob to enter the building, and gated parking for residents adds to the security features of the community. Location is key and the Registry at Michigan Park is central to all things Orlando, whether it be shops, restaurants, theme parks or access to major roadways. This condo presents an unparalleled opportunity to enjoy resort-style living in a thriving community. Don't miss your chance to make this your new home sweet home!

Property Information
Monthly Rent
$1,427
Monthly HOA
$592
rental Policy
STR Restrictions
Yearly Taxes
$1901
Bedrooms
1
Bathrooms
1
SQFT
772
Furnished
unknown
Year built
2005
MLS
O6188185

Contact Agent


Long-Term Rental Information
Revenue
Unlock
arrow_drop_down

$19,860

Expenses
Profit
Unlock
Cap rate
Unlock
Cash on Cash
Unlock
arrow_drop_up

$1,427/mo

Rent