1623 Tarpon Blvd, Saint Cloud FL 34771
Size: 1,447 sq.ft
Year Built: 1951
Gross ROI: 17.25%
Unbelievable cash flow opportunity on this tenant occupied, multi family property. Everyone always asks for multi-families, here is your chance at what will most likely be the highest ROI deal you’ll see this year.
This is an investment opportunity for an experienced investor looking for fantastic cash flow with low carrying costs.
There are 2 units on this lot, each being 2 bed / 1 bath, with long term tenants in both units paying a total of $2,100 monthly.
Each unit was updated in 2017 including roof, flooring, kitchens and bathrooms.
While they are in good condition with good long terms tenants in place and a short drive to Lake Nona, 192 and the Turnpike, these are not new build, fancy townhomes in Lake Nona, they are a straight forward cash flowing opportunity that will be a great addition to any long term rental portfolio.
Rental Income: $25,200
Property Taxes: $1,992 (2019)
Community (HOA): $0
Est. NET Income: $19,188
Est. NET ROI: 13.25%
Available on 01.20.2021
Don’t let this excellent opportunity pass you by! Get it yours now!
DISCLAIMER: Florida Investor Deals does not own these properties nor does Florida Investor Deals hold itself out to represent the owners of these properties. These are not Florida investor deals listings. Values are strictly an opinion. Consult an appraiser for true values. Florida investor deals disclaims all liability for the actions or inactions taken or not taken as a result of communications from or to its officers, directors, and members.
The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement