๐กโจ Open House Alert! โจ๐ก
๐ Save the Date: Friday, August 18th, 2023 โฐ 5:00 pm – 8:00 pm ๐๏ธ
Join us for an exclusive tour of 200 HIBISCUS CT, ORLANDO, FL 32801, brought to you by Ecologic Team POWERED BY LPT. ๐๐๏ธ
Price: $499,990 ๐ฐ DUPLEX ๐ก Beds: 2 ๐๏ธ Baths: 2 ๐ Sqft: 1,144 ๐ Year built: 1930 ๐ข
๐ This is your chance to own a DUPLEX in downtown Orlando, with a prime location in the Historic Lake Eola District! ๐ Just steps away from Lake Eola, which means residents will enjoy privileged access to parks, green spaces, and a wide variety of outdoor recreational options. ๐ณ๐๏ธ
๐ก The property is a true real estate gem, divided into a lower unit and an upper unit, each with 1 bedroom and 1 bathroom. ๐
๐ ๏ธ This property boasts a unique advantage with an existing garage where investment potential comes into play. Imagine the possibility of converting that garage into an additional unit or a separate suite. The city will allow the future owner to convert this as an add-on to an existing unit (could be a detached master bedroom with a private bedroom and wet-bar for extra cash-flow!) This would not only increase the property’s value but also maximize the After Repair Value (ARV), providing an excellent opportunity for forward-thinking investors. ๐ก๐๏ธ
๐ข Additionally, it’s possible to legally rent out one of the units on Airbnb, with the necessary permits obtained. If rented on Airbnb, even one unit, with this location, this property could generate once remodeled easily $6,500+. ๐จ๐ฐ
๐ต $2,000 lender credit offered if the buyer chooses Home 1st Lending as their lender (#1 ranked lender in Central FL according to Zillow). This property also qualifies for the HomeTown Heroes Down Payment Assistance Program, with up to $35,000 towards your down payment and closing costs! ๐๐
๐๏ธ This home would also be a great fit for the HOMESTYLE RENOVATION LOAN, where you can finance the rehab and construction of the garage into your purchase! Set up a showing for this property before it sells. NO FHA OFFERS until 10/28/23. ๐ก๐ง
Don’t miss this exceptional opportunity! Contact us today for more information and to seize this unique chance! ๐๐โโ๏ธ๐
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