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www.InvestorsGoldmine.com 4/2.5 BATH, POOL, BRICK HOME, WINTER PARK, 420K | ARV 700 $419,900  4 bd, 2.5 ba, 3050 sqft ...

Tuesday, July 26, 2016

Kissimmee Spring Meadow Condo| 11% ROI| Easy Access to The Loop

2 bd, 2 ba, 924 sqft
  • Kissimmee-condo
  • kissimmee-income-property
  • income-property

Contact Gene anytime at 407-781-7312
    Property description, this opportunity to purchase this beautifully remodeled 2 bedroom condo with attached garage, in the heart of Kissimmee.   2/2 condos at this price point are getting hard to find In the entire city of Kissimmee, this condo would be the fifth cheapest for sale out of 60. The cheaper condos are either distressed foreclosures, short sales or have exorbitant monthly HOA fees.   To get anything that is remodeled you would have to spend over 10k more than the subject property! The combination of super low taxes, low HOAs, and strong rent, makes this a no-brainer for the investor looking to add to his rental portfolio.
Property features include upgraded kitchen and baths, wood laminate floors in the common areas, new carpets in the bedroom, fresh paint, new baseboards and new fixtures. In addition to the attached garage, there is also a private balcony.
Spring Meadow has a community pool, tennis court, basketball court and car wash area. The low monthly HOA includes water, building maintenance and upkeep of the common areas. It’s proximity to John Young Parkway and 192 allows for easy access to The Loop, all major theme parks, schools, hospitals and public transportation.
Rent Rehab: $1000 –
Stove, washer/dryer (optional)

Property Details

Address:
1031 Spring Meadow Dr #1031
City:
Kissimmee
State:
FL
Zip Code:
34741
Year Built:
1973
Terms:
For Sale
Property Type:
Condo
Square Feet:
924
Bedrooms:
2
Bathrooms:
2
Basement:
None
Const. Type:
Block

Additional Features

Ppsf: 88.63 Tax/Yr: 658.00 Septic/Sewer: sewer HOA: 208/month County: Orange Rent = 1000/month Gross ROI = 11% (after purchase price, cc, rehab and HOA are considered)

Call (407) 781-7312 for more details

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