$450,000
- Beds
- 7
- Baths
- 3.0
- sq ft
- 1,980
372 N Pine Hills Rd, Orlando, FL 32811
372 N Pine Hills Rd
ORLANDO, FL 32811
- 34 days on market
Rare cash cow investment opportunity in the quietest corner of Malibu Groves. Currently used as both a primary residence and transitional living center. The owner’s early retirement offers you the once in a lifetime chance to snatch up a going concern that’s generating $72,300 yearly gross, with only $16k in expenses. That’s an unheard of 12.5% cap rate, for a plug and play property that needs no repairs nor rehab… and one unit is still vacant. Impeccably maintained, with detailed service and expense records available to back up these claims. No licensing required for new owner to take over.
No HOA/CDD. CC credits and buy down rate options available. Accepting FHA/VA. Feel free to soft pitch offers to listing agent before writing anything up. Ask me anything, big or small. I’m happy to help. FULL 2.5% COOPERATION WITH ALL AGENTS IF THIS IS “NOT ON MY MLS.” Please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
Details
Property type
Single Family Residence
Lot size
6,101 sq ft
Price per sq ft
$228
Year built
2012
Annual property taxes
$1,091
Price History
06/01/2024
StellarMLS #T3530800
Listed
$450,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
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House1013 Clovercrest Rd, Orlando, FL 32811
Status: Active
Tomo last checked: 07/04/2024 at 10:55 PM
Listing updated: 06/03/2024 at 9:39 AM
Listed by: KEVIOUS DOUGLAS, RICHARD PETERS REALTY LLC Phone #: (352) 448-9712
MLS: StellarMLS #T3530800
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