601 S Alder Avenue Orlando, FL 32807
Square Feet: 1,300
Bedrooms: 4 | Bathrooms: 2
Year Built: 1959
8,521 sqft lot
Grab this impeccable 4 bed, 2 bath, block SFH and reap the rewards while the rental market is still hot! This is the cheapest comparable property in the area and is in far superior condition than most. It is located on a corner lot in Englewood Park. It’s conveniently located just a few blocks from the 408 and just minutes from both, downtown Orlando and UCF.
The garage was converted into a bedroom with a large closet and utility room. There is tile flooring in the living areas and clean carpet in three of the bedrooms. The house was re-roofed in 2009 and has plenty of life left. The a/c system features a Carrier air handler and condenser that is only two years old. The backyard is fully fences and has a storage shed. Bottom line: THIS HOUSE NEEDS NOTHING!
Rental Income: $1600/month
Net Monthly Income: $1,320/month
Net Cap Rate: 7.55%
Available on 02.26.2021
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. Florida investor deals does not hold direct contract with the owner of this property
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 property at 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