Turn-Key Rental With Equity

Rental Return

Orlando, FL 32807

Bedrooms: 2 Bathrooms: 2.5 SQFT: 1,104

Year: 1989 ARV: $127,900

Buy & Hold rental property with a strong equity position now available from Florida Property Hub. Located in the condo community of Hidden Creek in East Orlando, this property features 2 bedrooms, 2.5 bathrooms, and 1,104 square feet of living space. This two story unit built in 1989 comes turn-key with a multi-year tenant on a month to month lease, who wants to stay and is open to a raise in monthly rent. Current tenant is paying $800 per month and has been renting this unit for over 3 years. The estimated market rent for this condo is between $1,175 - $1,200 per month. Your equity position in this property will be substantial as recent sales put the after repair value at around $127,900. This condo is in great condition and will instantly generate revenue from the day of closing making this property a great addition to any real estate portfolio. Contact your Florida Property Hub Agent today for more information and to schedule a showing.

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