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2 bed Condo Orlando FL10176


Location: Orlando
Type: Condo
Size: 83 sqm (896 sqft)
Bedrooms: 2
Net Yield: 8.6%
Peak value: $155,000
Key Features
  • BBQ Area
  • Clubhouse
  • Laundry Facility Onsite
  • Nearby Schools
  • Play Area
  • Pool
  • Swimming Pool
Project Description

The Grove Park Condominium Complex is centrally 10 minutes east from Downtown Orlando, with easy access to 408, 417 and 528 highways. Orlando Executive Airport is 5 minutes and the International Airport is 15 minutes away. The University of Central Florida can be reached within 20 minutes, Orlando attractions are 20-30 minutes drive.

The community is nicely landscaped with spacious gardens between the buildings. The community has 2 swimming pools, picnic area and on-site laundry facilities. The condos are facing the courtyards with trees and colorful flowers, some have view on the pool areas. It is located an easy walk to shops, restaurants, banks and bus line.

This particular 2 bedroom 1 bathroom unit is tenanted and offering return to its buyer from day one.

  • Rental income: $695 / month
  • HOA fee: $219 / month
  • Property Tax: $393 / year
  • Property management: 10% - optional