BOM. Investor never walked the property. These properties feature 7 individual units, 3 units are 3bed/2bth (1348 sqft) and 4 units are 2/2 (1165 sqft). With high growth potential and currently being rented under market value, there is plenty of room to get good cash flow as well as appreciation from each unit. With a little work, these units could yield even more income. The condominium association has put new roofs on every building, fixed the pool and updated the security gate helping make this a desirable & safe place to live. The current owner has had 5 of 7 HVAC units serviced. 1 of those units has been replaced. New flooring and paint in one of the 2/2. 3 refrigerators and two ovens have recently been replaced. 2 of the units have been painted & retextured. 5 of the 7 units have been serviced by pest control. All condo assessments will be paid in full by the end of the year making the numbers cash flow all the better. Seller will pay all assessments.
Property Features
Bedrooms
- Bedrooms: 17
- Bedroom 1 Dimensions: 12.0 x 10.0
- Bedroom 1 Level: Main
Other Rooms
- Total Rooms: 2
- Exercise Room: Yes
Bathrooms
- Total Bathrooms: 14
- Full Bathrooms: 14
Interior Features
- Ceiling Fan(s)
- Furnished Description: Unfurnished
- Flooring: Carpet, Vinyl
Appliances
- Refrigerator
- Electric Water Heater
- Electric Range
- Electric Oven
- Electric Cooktop
- Dishwasher
- Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 7.0 x 4.0
- Kitchen Level: Main
Exterior and Lot Features
- Balcony
- Courtyard
- Patio And Porch Features: Covered, Porch, Rear Porch
- Road Surface Type: Asphalt
- Porch Description: Covered, Porch, Rear Porch
Land Info
Garage and Parking
- Parking Features: Additional Parking, Gated, Guest, Off Street, Parking Lot
Home Features
- View: Lake
- Security Features: 24 Hour Security, Security Gate, Smoke Detector(s)
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Fitness Center, Gated, Management- On Site, Security
- Association Fee: 350
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 350
- Association Name: Cypress Pointe
- Association Phone: 4072933327
- Pets Allowed: Size Limit, Yes
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 13801.29999999
- Source Listing Status: Active
- County: Orange
- Current Use: Multi-Family, Residential
- Directions: Heading North on N Orange Blossom Trl, take a left onto Rosamond Dr, take a right onto N Lake Orlando Pkwy, take a left onto Versailles Dr, enter gate, take a right onto Dijon Dr, property will be on your right.
- Tax Year: 2023
- Source Property Type: Residential
- Area: 99 - Other
- Property Subtype: condo
- MLS Area Minor: 99 - Other
- Source Neighborhood: Not On List
- Parcel Number: 292205187604121
- Subdivision: Not On List
- Zoning Description: Condominium
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 8704
- Year Built: 1982
- Building Exterior Type: Block, Concrete
- Construction Materials: Block, Concrete
- Direction Faces: South
- Foundation Details: Slab
- Levels: Three Or More
- Living Area Source: Assessor
- Property Age: 42
- Property Attached: Yes
- Property Condition: Fixer
- Roof: Shingle
- Levels or Stories: 3
- Building Total Stories: 3
- Architectural Style: Contemporary
Accessibility Features
- Accessibility Features: Accessible Kitchen Appliances, Accessible Washer/Dryer
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Sewer Connected
- Water Available
- Water Source: Public
