East Orlando Union Park Gem

East Orlando Union Park Gem

2 bed 1.5 bath 1445 sq ft Built in 1961 Single Family
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70
Occupancy Status
Low High
10 /20
Level of Rehab
Heavy Light
16/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Solid 2 bedrooms, 1.5 bathrooms, concrete-block construction in a desirable East Orlando location.  This well-maintained mid-century home is ready for updates. An investor with vision could easily transform one of the 2 additional bonus rooms into another bedroom, convert one of the extra closets, and expand the half bath. Consider this as your next flip or a solid long-term rental with its proximity to Valencia College, UCF, and SR 408.

Comps in this area hold value and have strong appeal for owner-occupants and long-term rentals.  Additional rental options are possible with two separate entrances and the potential to create a mother-in-law suite.  

Additional features include a fenced yard and a large shed with its own electrical power box and a second storage shed for potential secondary rental income for tenants. This property is conveniently located only five blocks from the bus stop and is close to many restaurants and retail options along Colonial/SR50. 

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We recommend rent
Rental Income
$2,390 mo. / $28,680 yr.
Estimated Taxes
$2,724 / yr.
Maintenance
$600 / yr.
HOA Dues
$0 / yr.
$21,856
Projected Income
7.84%
Estimated APY
$32,780
Projected Income
11.03%
Estimated ROI

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