tomo logo

$194,000

Beds
3
Baths
2.0
sq ft
1,158

1956 Lake Atriums Cir Unit 141, Orlando, FL 32839

1956 Lake Atriums Cir Unit 141

ORLANDO, FL 32839

  • 290 days on market
    • Price drop $11,000↓
Turnkey Investment Opportunity in Prime Orlando Location! Now Available: 1956 Lake Atriums Cir APT 141, Orlando, FL 32839 Immediate Income Potential! This well-maintained, move-in-ready apartment is currently rented under Section 8 at $1,750/month, providing a stable, reliable income stream for investors. With its competitive rental rate and desirable Orlando location, this property is ideal for buyers seeking hassle-free cash flow or long-term appreciation. Prime Location, Endless Amenities: Nestled in the heart of Orlando, this home offers easy access to Disney World, Universal Studios, Orlando International Airport (MCO), major highways (I-4, FL-528), and top-rated schools. Enjoy nearby shopping, dining, parks, and entertainment options—perfect for tenants and future resale value! ? Modern & Low-Maintenance Living: The unit features a spacious 2-bedroom, 2-bath layout with updated appliances, fresh flooring, and a bright, open design. The community boasts resort-style amenities, including a pool, fitness center, and lush landscaping, ensuring tenant satisfaction and minimal upkeep for owners. Investor’s Dream: Section 8 Approved: Guaranteed rental income with a federally backed program. High Demand Area: Orlando’s booming rental market ensures low vacancy rates. Move-In Ready: No renovations needed—start earning immediately! Don’t miss this chance to own a lucrative asset in one of Florida’s hottest markets! Schedule a viewing today—this gem won’t last long! Contact now for details and secure your slice of Orlando’s thriving real estate scene!

Details

Property type

Condominium

Est. home value

$173,728

Lot size

9,668 sq ft

Price per sq ft

$168

Year built

1986

Annual property taxes

$1,541

Monthly HOA fee

$390

Price History

02/12/2025
StellarMLS

StellarMLS #S5104530

Listed
$194,000
01/07/2025
StellarMLS

StellarMLS #S5104530

Removed
$194,000
12/03/2024
StellarMLS

StellarMLS #S5104530

Price change
$194,000
-5.37%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$78,006
Asking price
$194,000
Closing costs (~8% of asking)
-$15,520
Est. remaining loan balance
-$100,474
Cash to seller
$78,006

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homebanc Mortgage Corp

Loan start date

October 2006

Original loan amount

$162,450

Est. remaining balance

$100,474

Interest rate

6.48%

Loan type

Not Provided, 30 year

Seller

Junior Georges

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 4:20 PM

Listing updated: 02/12/2025 at 3:36 PM

Listed by: Gilberto Imery, GILVAN REALTY CORP. Phone #: (954) 825-5722

MLS: StellarMLS #S5104530

StellarMLS logo

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