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Ane Bertol

abertol@axenrealty.com +1(407) 577-5607

$ 1,615,000

Est. payment -/mo

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Active

884 E MICHIGAN ST Orlando, FL 32806

4 Beds

2 Baths

3,258 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,258 sqft

Price per Sqft $495

Subdivision Weidows Sub

MLS Listing ID O6429402

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1982

Annual Tax Amount $9,566

Lot Size 0.560 Acres

Acres 0.56

Lot Dimensions 140x176

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Road. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. Enhance your annual ROI with tens of thousands in *Passive Rental Income* from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. *More Passive Income* via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. This property is zoned for Blankner and Boone schools. Notice: Prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Seller Financing Option: No. See also: MLS#O6415078. Contact us today to schedule your visit.

Location

State FL

County Orange

Community Weidows Sub

Area 32806 - Orlando/Delaney Park/Crystal Lake

Zoning C-1

Interior

Interior Features Other

Heating Other

Cooling Other

Flooring Other

Furnishings Unfurnished

Fireplace false

Appliance None

Laundry Other

Exterior

Exterior Feature Other

Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Exposure East

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water None

Structure Type Block,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by John Vincent JR REALTY GROUP LLC

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