Home for Sale | 601 S Alder Ave, Orlando, FL 32807 Sold

  • $219,900
  • 4 beds
  • 2 baths
  • 1,300 sqft
Sold

Home for Sale in 601 S Alder Ave, Orlando, FL 32807

Description

Grab this impeccable 4 bed, 2 bath, block SFH and reap the rewards while the rental market is still hot! This is the cheapest comparable property in the area and is in far superior condition than most. It is located on a corner lot in Englewood Park. It’s conveniently located just a few blocks from the 408 and just minutes from both, downtown Orlando and UCF. The garage was converted into a bedroom with a large closet and utility room. There is tile flooring in the living areas and clean carpet in three of the bedrooms. The house was re-roofed in 2009 and has plenty of life left. The a/c system features a Carrier air handler and condenser that is only two years old. The backyard is fully fences and has a storage shed. Bottom line: THIS HOUSE NEEDS NOTHING! Buy-and-Hold
Breakdown Rental Income: $1600/month
-Taxes: $190/month
-Insurance: $90/month
Net Monthly Income: $1,320/month
Net Cap Rate: 7.55%

Price:
$219,900
Address:
601 S Alder Ave
Orlando, FL 32807
Square Feet:
1,300
Lot Size:
6,843 sqft
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Const. Type:
CBS

Call (786) 565-8726 for more details

Property Location