Property Description:
Here’s a rare low-cost condo in North Orlando. The condo community sits right on Lake Orlando. It consists of two beds and two bathrooms and it only needs cosmetic repairs to make it rent-ready. In addition, the HOA is about $287 a month which includes maintenance exterior, manager, pool maintenance, recreational facilities, sewer, and trash. Once the unit is renovated you can easily capture a market rental rate of $1,500 a month. With an estimated after-repair value of $170,000, this makes for a great cash flow and equity to add to your portfolio. For more information contact us.