Off-Market Condo: 6 at 792 E Michigan St, Orlando, FL 32806

792 E Michigan St, Orlando, FL 32806

- #6

$190,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,036 per month, based on comparable local listings. Estimated long-term cap rate of 1.3%. Motivated Sellers Offering Owner Financing!!! Welcome to this stunning 2 bedroom, 1.5 bathroom condominium in the SODO district, offering a perfect blend of relaxation and luxury. Its prime location near Downtown Orlando and Disney World ensures easy access to all the excitement the area has to offer. This partially furnished (Some Furniture pieces from photos are not part of the sale, Please verify with Listing Agent) condominium features a brand-new roof (2023) and a spacious living/dining area with large windows that bathe the home in natural sunlight. The highlight of this property is the magnificent lake views, which can be enjoyed from the private boat access to Lake Pineloch. In addition, residents have access to fantastic community amenities, including two pools, a clubhouse, and a fitness center, ensuring a truly comfortable living experience. -

Property Information
Monthly Rent
$2,036
Monthly HOA
$618
Rental Policy
STR Restrictions
Yearly Taxes
$2393
Bedrooms
2
Bathrooms
2
SQFT
1,116
Furnished
N/A
Year built
1967
Listing Status
Off Market
MLS
U8223032

Long-term Rental Potential
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$24,432

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,036/mo

Rent