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Turnkey 3/2 condo rental, ready for a new landlord with tenants in place. They are currently paying $875/month and their lease ends 1/31/18.
The property manager will be increasing rents to $950-$1,000/month for new tenants soon, so you’ll have a great opportunity to spruce the place up a bit and increase your cash flow in February.
The condo association is currently in receivership, so overall upgrades to the community may be on the horizon. Call today for more info!
Magnolia Courts Condos, Monthly HOA: $426
Assignable
Est. Rehab: None for now, up to you once current tenants move out.
Current monthly rent: $875
Monthly Cash Flow: $449
- Address: Forest City Road, Orlando, Florida
- Price: $39,000
- Availability: Sold
- Listing Type: Condo
- Bedrooms: 3
- Bathrooms: 2
- Total Square Feet: 1187
- Year Built: 1975