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HOT ROBINSON ORLANDO, FL 32803
- Townhouse or Condo / REO Foreclosure
Property Details for ROBINSON St, ORLANDO, FL 32803
Features
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- Heating : View Details
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Facts
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Description
This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.
MULTIPLE OFFER SITUATION. NEED BUYER'S HIGHEST & BEST OFFER NO LATER THAN 5PM ON 03/14/22. Own an Income producing duplex with two units; Live in one side and rent the other or rent both sides for instant cash flow. Both current structures are tear downs, leaving you with a great space for you to create your own vision. This parcel is zoned as multi-family zoning and allows for two rental units on the property. This is your chance to build either two new income producing properties or build a single family home and an income producing unit or a detached in-law suite. Build the home you’ve always wanted along with a garage and an additional dwelling unit or a multi-generational set up where everyone has a private living space. This duplex is situated in a great location within close proximity to lake Eola and downtown Orlando neighborhood, with easy access to I-4 , FL-408 and major highways/roads, restaurants, shopping area, the Milk District, SoDO and downtown Orlando. The potential this property has with the location, makes it the perfect investment for you. Each side has a 2 bedrooms and 1 bathroom. The property does need some TLC, but after that it will be ready to generate some fantastic income for you. Come check out this property and schedule your appointment today! IMPORTANT: AS PER SELLER'S INSTRUCTIONS, THE PROPERTY MUST BE LISTED FOR 10 DAYS IN MLS " ADOM" BEFORE ACCEPTING ANY OFFER(S).
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