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Xx Michigan Court

St. Cloud, FL 34769
  • $1,250,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: RX-11052562
Price Reduced
$1,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,488
    SQFT
  • $228
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Area:

School Ratings & Info

Description

Investment Opportunity! Discover this unique portfolio of 8 rental units located in the sought-after Michigan Court community in Saint Cloud, Florida. Each unit features 2 spacious bedrooms, 1 bathroom, and 856 square feet of well-designed living space.Perfectly suited for long-term rental investments, these units offer steady income potential in a thriving rental market.ALL UNITS ARE RENTED. The property is conveniently located near major highways, shopping, dining, and entertainment options, making it highly desirable for tenants.Don't miss out on this incredible opportunity to expand your investment portfolio with a property offering both immediate returns and long-term growth potential. Schedule your private showing today!

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www.kaufman-propertiesfl.com/homes/159463559
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Xx Michigan Court St. Cloud, FL 34769

  • Price: $1,250,000
  • Status: Active
  • On Site: 23 Days
  • ID#: RX-11052562
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,488
SQFT
$228
$/SQFT
1972
Built
Neighborhood:
Palm Gardens Condo
County:
Osceola
Area:
St. Cloud
Property Description
Investment Opportunity! Discover this unique portfolio of 8 rental units located in the sought-after Michigan Court community in Saint Cloud, Florida. Each unit features 2 spacious bedrooms, 1 bathroom, and 856 square feet of well-designed living space.Perfectly suited for long-term rental investments, these units offer steady income potential in a thriving rental market.ALL UNITS ARE RENTED. The property is conveniently located near major highways, shopping, dining, and entertainment options, making it highly desirable for tenants.Don't miss out on this incredible opportunity to expand your investment portfolio with a property offering both immediate returns and long-term growth potential. Schedule your private showing today!
Exterior Features

Carport Spaces 0.00 Construction BlockConcreteStucco Exterior Features None Lot Description Paved RoadSidewalks Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring Ceramic Tile Heating Central Unit1 Desc A/C UnitKitchenRefrigerator Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 784 Unit2 Desc A/C UnitKitchenRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 784 Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 784 Unit4 Furnished No Unit4 Sq Ft 784

Property Features

Annual Net Operating Income 100400.00 Annual Total Expenses 13000.00 Application Fee 525.00 Auction No Available Info AccountingAppraisalLeases Built Desc Resale Gated Community No Gross Operating Income 113400.00 Hoa Fee Per Month 2400.00 Homeowners Association Mandatory HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex Possession At Closing REO No Restrictions No Pets Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Accountant Sq Ft Total 5992.00 Subdivision Amenities Pool Tax Amount 15892.00 Tax Year 2024 Taxes City/County Tenant Pays Electric Terms Considered CashConventionalFHAVA Unit1 Monthly Income 1350.00 Unit2 Monthly Income 1400.00 Unit3 Monthly Income 1450.00 Unit4 Monthly Income 1350.00 Utilities ElectricPublic SewerWater Available Zoning SR3

Listing provided courtesy of Treasure Property Group LLC: . Listing information © 2025 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432