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"BANK OWNED" Regency Gardens Only $19,500
4401 Thornbriar Lane, Orlando, FL 32822
N/A
660 SF
Residential Income
Single-Unit (SFR/ Condo)
Investment
3
1987
-
Last Verified 8/10/2009
Listing ID 16267536
Highlights
Great Opportunity To Invest In Sunny Florida located in Central Orlando- 48 Hour Response From Bank For Time of Acceptance.
- Rental Market $500-$650 a month.
- Property is just 10 minutes from the Orlando International Airport.
- Taxes will be reassessed once purchased and new year taxes come out allowing your cap to increase
- Comp on 6-24-09 closed for $23K & needed $2K in repairs.
Description
Unbelievable this very clean 1/1 condo built in 1987 is located just off South Semoran Blvd. 10 minutes from the Orlando International Airport. It is near great local restaurants, shopping centers and expressways. Community amenities include two swimming pools with spa/jacuzzi, sauna, fitness center, playground, lighted tennis court, sand volleyball court and club house. This is a perfect place to live year round or use as a vacation home where you can lease ranging rents from $500 to $650. In peak property sold for $120K in 2005. Unit is clean and ready for a new tenant. Bank is quick to respond to offers. This investors dream will be sold quick. Won't last long at this price. Unit downstairs just sold on 6-30-2009 for $23K and needed $2K in repairs. Won't be around long. Bring your cash today!!! Buyers only!!! Hoa is $200.62 per month. Taxes are $2,022 based on assessed value of $120K will be reassessed in 2010.
South on semoran Blvd to Pershing Ave. Turn West on Pershing Ave. Right into community
Map of 4401 Thornbriar Lane, Orlando, FL 32822 (Orange County)
Created 6/7/2009
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.