Fairlane Ave, Orlando, FL 32809

5 Bedrooms / 3 Baths / Multiple Family

For Sale: $182,000.00


Contact Info

First Alliance Capital
 (407) 668-4396

View On Property Owner's Website

This property is brought to you by:
Central Florida Realty Investors Association, Inc.

Leased Duplex In Sky Lake-REDUCED $2k-8/9!!

We have an equity interest in this property and are selling the contract. VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU! Fairlane Avenue, Orlando, FL 32809 INVESTMENT: $182,000 ARV: $200,000-210,000 +/- Rent: $1,900/month +/- Currently Leased @ 3/2 $1,025/month & 2/1 $875/month Rehab: $2,000-3,000 +/- 3/2 + 2/1 Duplex 2,028 SqFt Built: 1974 Construction: Block HOA: $0 You don't find too many multi-family homes for sale these days in the Sky Lake area! Both of these units are rented and under lease through early next year. Both tenants take care of the properties and the units will need only some minor fixes here and there. All of the majors (roof, electric, and A/C) are reported to be in good working order. Floors are terazzo throughout so easy to keep clean. ARV Comps are hard to assess...a Quad (4 2/1s) recently sold for $270K, and there is an active listing for an identical Duplex at $208K. Please call 407-668-4396 for more information or to schedule a showing as we don't want to bother tenants without notice. All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title. Buyer will be responsible for all closing costs unless otherwise indicated. Foster Algier Broker - Gold Key - G.R.I. FLA Real Estate Services

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