$40k Discounted Off-Market Townhouse
This is a very nice townhouse with a community swimming pool in a highly desirable area at a significantly discounted rate. This works as a high end rental or for someone just looking to buy a nice townhouse at a $40k discount from the MLS value. Located in the desirable Mills-50 area of downtown Orlando.
Being sold at a discounted rate due to a tree that fell on the 2 car garage. Owner has a quote from a contractor to repair the garage which includes roof repair, drywall, and the walkout deck on top of the garage. The downstairs study has a closet and is a legal bedroom and the downstairs bath has a full walk in shower. It is not a half bath. So it is a 4/3, not a 3/2.5.
Comparable’s put the market value at $360k once the repair is made.
Unit is occupied and tenants will stay for an additional 6 months after closing at $2500/m rent with $2500 Security deposit. Owners would rather sell off-market at a discounted rate rather than make the repairs and list it on the MLS for full value. 3Beds, 2.5Baths, 1990sqft, Built 2005.
1335 SPOKANE AVE: Nice condition, built 2006, 1718sqft, sold $355k on MLS