Property Attributes
- MLS#T3530800
- TypeSingle Family
- CountyORANGE
- CityORLANDO
- AreaOrlando-Orlo Vista-Richmond Heights
- NeighborhoodFleming Heights
- Zip32811
- StyleSingle Family Residence
- Year Built2012
- Taxes$ 1091
- Price$ 450,000
- Bedrooms7
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1980
- Lot Size0.14 Acres
Data Source:
Stellar MLS
Property Description
Rare cash cow investment opportunity in the quietest corner of Malibu Groves. Currently used as both a primary residence and transitional living center. The owner’s early retirement offers you the once in a lifetime chance to snatch up a going concern that’s generating $72,300 yearly gross, with only $16k in expenses. That’s an unheard of 12.5% cap rate, for a plug and play property that needs no repairs nor rehab… and one unit is still vacant. Impeccably maintained, with detailed service and expense records available to back up these claims. No licensing required for new owner to take over. No HOA/CDD. CC credits and buy down rate options available. Accepting FHA/VA. Feel free to soft pitch offers to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. FULL 2.5% COOPERATION WITH ALL AGENTS IF THIS IS “NOT ON MY MLS.” Please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
Price History | |
---|---|
6/3/2024 | Listed $450,000 |
General Features
Interior Features | Ceiling Fan(s),Eating Space In Kitchen |
---|---|
Sewer | Public Sewer |
Heating | Central |
Cooling | Central Air |
Utilities | Public |
Roof | Shingle |
Appliances | Electric Water Heater,Range,Refrigerator |
Exterior Features | Lighting,Private Mailbox |
Zoning | R-1 |
Construction Materials | Wood Frame |
Year Built | 2012 |
Levels | One |
Property SubType | Single Family Residence |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Orange |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | No |
Subdivision Name | FLEMING HEIGHTS |
Facing Direction | East |
Garage Y/N | No |
Total Rooms | 3 |
Status | Active |
Directions | From Spessard L. Holland East-West Expy: take exit 6 to N Pine Hills Rd. Turn right onto N Pine Hills Rd. Continue south for 0.1 miles. Property on your right. |
ModificationTimestamp | 2024-06-03T13:36:48.250Z |
City | ORLANDO |
Buyer Agent Compensation | 2.5% |
View Y/N | No |
Senior Community Y/N | No |
MLS Area | 32811 - Orlando/Orlo Vista/Richmond Heights |
Lot Size Units | Square Feet |
Lot Size Square Feet | 6101 |
Waterfront Y/N | No |
Carport Y/N | No |
Land Lease Y/N | No |
Tax Annual Amount | 1091 |
Additional Parcels Y/N | No |
Lease Considered Y/N | Yes |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3530800 |
Days on Market | 2 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Active |
Occupancy Type | Owner |
Tax Lot | 3 |
Legal Description | FLEMING HEIGHTS O/74 LOT 3 (LESS E 3 FTFOR RD R/W) BLK F |
Minimum Lease | No Minimum |
Water Access Y/N | No |
Water View Y/N | No |
Flood Zone Code | AE |
Interior Features
Flooring | Carpet,Tile |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Full Baths | 3 |
Laundry Features | Common Area |
Total Bedrooms | 7 |
LivingAreaSource | Public Records |
Total Baths | 3 |
Exterior Features
Fencing | Wood |
---|---|
Water Source | Public |
Lot Size Area | 6101 |
Foundation Details | Slab |
Building Area Total | 2176 |
Lot Size Acres | 0.14 |
Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool