884 E MICHIGAN STREET, ORLANDO, FL 32806
$1,615,000 · Active
MLS #O6429402
- Price
- $1,615,000
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 3,258 sq ft
- Home type
- Single Family Residence
- Year built
- 1982
- Lot size
- 0.56 acres
- Full bathrooms
- 2
- Half bathrooms
- 0
- Private pool
- No
- Waterfront
- No
- New construction
- No
- HOA
- No
- 55+ community
- No
- Levels
- One
- County
- Orange
- Annual property taxes
- $9,566
- Subdivision
- WEIDOWS SUB
- Appliances & Equipment
- None
- Bathrooms
- 2 total bathrooms · 2 full bathrooms
- Bedrooms
- 4 total bedrooms
- Building
- Built in 1982 · Living area: 3258 · Living area units: Square Feet · Building faces East · Levels: One · Construction Materials: Block, Stucco
- Foundation
- Slab
- Lot
- 0.56 acres · Dimensions: 140x176
- Parking
- 1 carport space
- Roof
- Shingle
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available · Cable Available · Cable Connected · Electricity Available · Electricity Connected · Water Available · Water Connected
About this home
*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Drive. 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. Contact us today for a copy of our Offering Memorandum or to schedule your visit.
Courtesy of JR REALTY GROUP LLC 407-920-4624
Schedule A Tour Have a question before touring?Contact LPT Realty at (877) 366-2213 to ask about this home.