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Xx Michigan Court
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PRICED AT ONLY: $1,150,000

Address: Xx Michigan Court, St. Cloud, FL 34769

Description

Investment Opportunity! Discover this unique portfolio of 8 rental units located in the sought after Michigan Court community in Saint Cloud, Florida. Each unit features 2 spacious bedrooms, 1 bathroom, and 856 square feet of well designed living space.Perfectly suited for long term rental investments, these units offer steady income potential in a thriving rental market.ALL UNITS ARE RENTED. The property is conveniently located near major highways, shopping, dining, and entertainment options, making it highly desirable for tenants.Don't miss out on this incredible opportunity to expand your investment portfolio with a property offering both immediate returns and long term growth potential. Schedule your private showing today!

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  • MLS#: RX-11052562 ( Quad Plex )
  • Street Address: Xx Michigan Court
  • Viewed: 40
  • Price: $1,150,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1972
  • Bldg sqft: 0
  • Days On Market: 286

Description

Investment Opportunity! Discover this unique portfolio of 8 rental units located in the sought after Michigan Court community in Saint Cloud, Florida. Each unit features 2 spacious bedrooms, 1 bathroom, and 856 square feet of well designed living space.Perfectly suited for long term rental investments, these units offer steady income potential in a thriving rental market.ALL UNITS ARE RENTED. The property is conveniently located near major highways, shopping, dining, and entertainment options, making it highly desirable for tenants.Don't miss out on this incredible opportunity to expand your investment portfolio with a property offering both immediate returns and long term growth potential. Schedule your private showing today!
Request More Information
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Features
Building and Construction
  • Absolute Longitude: 81.277511
  • Construction: Block, Concrete, Stucco
  • Exterior Features: None
  • Flooring: Ceramic Tile
  • Roof: Comp Shingle
  • Sqft Source: Appraisal
  • Sqft Total: 5992.00
  • Total Building Sqft: 5488.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: Paved Road, Sidewalks
  • Subdivision Information: Pool
Eco-Communities
  • Private Pool: No
  • Storm Protection: None
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central
  • Heating: Central
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Electric, Public Sewer, Water Available
Finance and Tax Information
  • Application Fee: 525.00
  • Home Owners Association poa coa Monthly: 2400.00
  • Homeowners Assoc: Mandatory
  • Income Expenses Annual Net Oper Inc: 71985.84
  • Income Expenses Annual Total Expense: 60314.16
  • Income Expenses Gross Operating Inc: 132300.00
  • Source Of Expenses: Accountant
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electric
Other Features
  • Avail Info: Accounting, Appraisal, Leases
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: PALM GARDENS CONDO CB 3 PGS 9-11 BLDG 714 UNIT 1
  • Parcel Id: 112630060907140010
  • Views: 40
  • Zoning: SR3
Nearby Subdivisions
Palm Gardens Condo  
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Contact Info

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Wade M. Berlin

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