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$1,615,000

884 E Michigan Street Orlando, FL 32806 Residential - Single Family Active

  • 884 E Michigan Street, Orlando, FL 32806 Main Photo

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Description

*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Road. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. Enhance your annual ROI with tens of thousands in *Passive Rental Income* from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. *More Passive Income* via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. This property is zoned for Blankner and Boone schools. Notice: Prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Seller Financing Option: No. See also: MLS#O6415078. Contact us today to schedule your visit.

Property Highlights

Property Type: Residential - Single Family
Cooling: Other
Heating: Other
Lot Size: 0.56 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $9,566
Year Built: 1982

General Information

Bedrooms: 4
Bathrooms: 2 Full
Sqft: 3,258
County: Orange
Subdivision: WEIDOWS
Listed By:
John Vincent JR REALTY GROUP LLC 407-920-4624

Amenities

Other
Other

Room Information

Primary Bedroom: 10x9
Bathroom 1: 8x8
Kitchen: 9x9
Bedroom 2: 8x8
Living Room: 10x9

Property Features

Appliances: None
Days on Site: 4
Directions: Follow I-4 to W Michigan St in Orlando. Head East on W Michigan St, which turns into E Michigan St after passing the intersection at Orange Ave. Continue heading East on E Michigan St and the destination will be on your right at the corner of Michigan St
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Other
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.56
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Before Showing, Call Listing Agent, Do Not Contact Tenants, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Water: None
Water Access Y/N: No
Zoning: C-1
$1,615,000
4beds
2.0baths
3,258sqft
New to the Market Active
BEDS4 BATHS2 full SQUARE FEET3,258 MLS#O6429402
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONWEIDOWS

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884 E Michigan Street, Orlando, FL 32806.

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Estimated Payment

$ 6,715.33 per month $5,447.12 Principal & Interest $797.17 Property Tax $471.04 Homeowner's Insurance

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