Investment Condo: 738 E Michigan St, Orlando, FL, 32806, Orlando, FL - $9,348 Annual Profit

738 E Michigan St, Orlando, FL, 32806

738 E Michigan St - #101

$164,000

Description

Location, location, location. Opportunity knocks for this One Story Condominium. Open floor plan offering 2 bdrms., 1 bath. The living/dining combo connects to the kitchen which is ideal to entertain family and friends. The fully equipped kitchen offers lots of cabinet space, all stainless steel appliances, and laundry closet with stackable washer and dryer for your convenience. The large primary bedroom offers a walk-in closet and two separate built in drawers. High ceilings, split floor plan, ceramic tile throughout the unit and a sliding door in the living room area that leads to the screened porch in the back, where you can enjoy the view of the mature landscaping. Roof was replaced in 2023. La Costa Brava Lakeside Condo is located next to Lake Pineloch and offers two pools, fitness center, gazebo, boat access, and clubhouse. Great location just minutes from SoDo, downtown Orlando, major highways, Orlando International Airport, and all major area theme parks. Easy access to schools, shopping, banking, and restaurants. Must see!!!

Property Information
Monthly Rent
$1,818
Monthly HOA
$0
rental Policy
STR Restrictions
Yearly Taxes
$1999
Bedrooms
2
Bathrooms
2
SQFT
927
Furnished
unknown
Year built
1969
MLS
S5097470

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Long-Term Rental Information
Revenue
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$12,468

Expenses
Profit
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Cap rate
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Cash on Cash
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$1,818/mo

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