Great cash cow multi-family located in an excellent area of Kissimmee! This property consists of a 4 unit apartment building a short distance from restaurants and parks! All four units are 2/2’s, Totalling 8 bedrooms and 8 bathrooms. With some TLC, this investment will make the perfect income producing property!
Important Details / Seller Notes
***Buyer agrees to assume current tenant. Estoppel letter will be provided before closing. Buyer to assume possible eviction for one unit.***
Unit 4161 2/2- $800 M2M, No Security deposit. Tenant pays for electric. Owner pays for water.
Unit 4163 2/2- $800 M2M, No Security deposit. Tenant pays for electric. Owner pays for water.
Unit 4157 2/2 – Rent $800 , Security Deposit $750. Lease ends Dec 31st, 2018. Tenant pays for all utilities. Unit 4159 No Access. Family friend lives in property for free. According to seller tenant pays for all utilities. HOA: $520 a quarter. $173.33 a month. HOA includes: Exterior painting, LAWN CARE and community pool maintenance. There are 5 electric meters and 4 water meters.
***No interior access was granted to unit 4159 but it is presumed to be a 2/2 unit.
*** COMP: *4174 CORSAIR AVE, KISSIMMEE, FL 34741: 3,720 sqft, 4: 2/2’s exact comp SOLD FOR $350K CONV ( Sold 08/04/2017)