Active

$600,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1452 sq ft
Overview
  • ID: MFRS5126664
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1452 sq ft
Property Details
Remarks
Incredible Investment Opportunity in Winter Park! Come take a look at this amazing property located in the heart of Winter Park — just steps from Orlando Avenue, with its fantastic restaurants, shops, and the vibrant lifestyle found only in Winter Park This charming 1947 fully remodeled bungalow offers 2 bedrooms and 1 bathroom and is accompanied by a 1-bedroom, 1-bathroom in law-suite in the back Both units are fully remodeled as of 2 years ago and are separated by a privacy fence, offering ideal flexibility for rental income, multi-generational living, or a house-hack setup. Public records sq footage is for both houses. Zone R2 Property Features: Metal roofs on both units Newer AC systems Full kitchens in both units Luxury vinyl plank flooring throughout Front unit has new windows and Hardie Plank siding Plenty of off-street parking on stone-covered grounds. Property is fully rented with excellent records tenants and bringing an excellent NOI Situated in a highly sought-after area surrounded by multiple new construction homes, this property presents endless possibilities. Whether you’re looking to capitalize on the surging equity in this prime development zone, generate steady income from the existing rental setup, or collect rent while you design your dream home and secure permits, this is a rare and valuable opportunity. Don’t miss your chance to invest in one of Central Florida’s most desirable neighborhoods!
Financial Considerations
Price:
$600,000
HOA Fee:
N/A
Tax Amount:
$4768.51
Price per SqFt:
$413.22
Tax Legal Description:
LAWNDALE H/118 LOT 4 BLK E
Exterior Features
Lot Size:
6886
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1947
Construction Type:
HardiPlank Type
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1550 MICHIGAN AVE
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