Prime Investor Opportunity with Over 7% ROI! Unlock a remarkable investment opportunity with this meticulously maintained rental income property in the heart of Orlando. This 2-bedroom, 2-story condo promises an attractive return on investment, making it a standout addition to any portfolio. Property Highlights: Main Living Area: The first floor features a welcoming living room, a contemporary kitchen, and a convenient half bath, ideal for entertaining and everyday living. Upper Level: Upstairs, discover two well-appointed bedrooms. The primary bedroom boasts an ensuite bath and a private balcony, offering a serene retreat for occupants. Outdoor Space: Step outside to a charming porch with stunning water views, perfect for relaxation and enjoyment. The property currently has a dependable long-term tenant in place until April 2025, ensuring immediate rental income. The tenant is known for punctual payments and exceptional care of the property, adding peace of mind for the investor. As a bonus, The property management fees are WAIVED until the lease renews in April when you use the current management company, further enhancing the property's profitability. Seize this incredible opportunity to enhance your rental portfolio with a prime investment property in a sought-after location. Dont miss out on this high-yield opportunity! Contact me for a private showing, and let me guide you through the process of making this exceptional condo your next rental in your portfolio!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 3
- Living Room Dimensions: 14 x 12
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Interior Features
- Ceiling Fans(s)
- Thermostat
- Flooring: Carpet, Ceramic Tile
Appliances
- Dishwasher
- Range
- Refrigerator
- Laundry Features: Inside, Laundry Room
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
- Kitchen Dimensions: 10 x 8
- Kitchen Level: First
Exterior and Lot Features
- Awning(s)
- Balcony
- Sidewalk
- Road Surface Type: Asphalt
Land Info
- Lot Size Acres: 0.0839991
- Lot Size Square Feet: 3659
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 403
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 403
- Association Name: Valentine Robinson
- Pets Allowed: Yes
- Pet Description: Max Pet Weight: 100
Condo Info
- Unit Floor In Building: 1
Rental Info
- Lease Term: Minimum Lease: 6 Months
Amenities and Community Features
- Community Features: Pool, Tennis Courts
Other Property Info
- Annual Tax Amount: 887
- Source Listing Status: Active
- County: Orange
- Directions: From I4- Take Exit 80 Orange Blossom Trail, R on34th St, L on Rio Grande Ave, R on 40th St, L on Coronation, R on Lyme Bay Dr, R on Warringwood Dr, R on Crayrich Cir, Home on Right
- Tax Year: 2023
- Ownership: Condominium
- Source Property Type: Residential
- Area: 32839 - Orlando/Edgewood/Pinecastle
- Property Subtype: condo
- Source Neighborhood: VILLAGE CONDO
- Parcel Number: 10-23-29-3726-19-302
- Postal Code Plus 4: 7556
- Subdivision: VILLAGE CONDO
- Township: 23
- Zoning: R-3
- Property Features: Condo Fees: 0 null
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 762
- Year Built: 1974
- Building Area Source: Public Records
- Building Area Total: 762
- Building Name: 3918
- Construction Materials: Block
- Direction Faces: Northwest
- Foundation Details: Slab
- Levels: Two
- Property Age: 50
- Levels or Stories: 2
- Building Total Stories: 2
- Structure Type: Walk-Up
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Connected
- Water Source: Public