What a fantastic opportunity to add a potentially strong income-producing property to your portfolio with only $60,000 down.

This is a subject-to opportunity with an existing mortgage balance of approximately $342,000 at a 6.75% interest rate and a current monthly payment of approximately $3,200, including taxes and insurance.

MULTIPLE INCOME OPPORTUNITIES

The main house features 2 bedrooms, 1 bathroom, kitchen, living room, family room, and dining room, with an estimated rental potential of approximately $2,000 per month.

The family room may also offer the potential to be converted into a 3rd bedroom or additional efficiency, which could potentially generate another $900 per month, subject to applicable zoning, permitting, and rental requirements.

In addition, the property includes:

• Two efficiency units — estimated rental potential of approximately $900/month each
• 2022 camper — currently rented for $800/month

That represents potential gross rental income of approximately $4,600 to $5,500 per month, depending on configuration and rental use.

AND THEN THERE’S THE LOCATION

Located in the Eastbrook area of Winter Park, this home sits on a large corner lot with a fully fenced backyard and a spacious screened-in back porch.

The property is conveniently located near Downtown Orlando, Orlando International Airport, Park Avenue, UCF, shopping, restaurants, gyms, and major roadways.

The home has been well maintained and offers plenty of space and flexibility. Plumbing, electrical, and the water heater were updated in 2019, and the bathrooms have been remodeled. There is also a spacious laundry room with additional storage.

The large fenced backyard provides plenty of room for an RV, trailer, and additional parking, with potential for additional improvements or an ADU, subject to zoning and permitting.

The property offers several possible living and rental configurations. An owner could potentially occupy part of the property while renting the remaining spaces or use the property primarily as an income-producing investment.

Multiple income streams. Plenty of parking. Great Winter Park location. Only $60,000 down.

This is a unique opportunity for an investor looking for existing financing and multiple potential sources of rental income.

Call or text ASAP for additional details and access.