Off Market Investor Opportunity, 12% Net ROI in Altamonte Springs, FL For Sale

  • $142,698
  • 2 beds
  • 2 baths
  • 932 sqft

Prime location in the desirable Heatherton Village community. This spacious 2 bedroom, 2 bathroom condo features an open floor plan, great natural light, and a small rehab, including a routine re-plumb typical for homes of this age. The current tenant is paying $800 per month, well below market value, and is on a month-to-month lease. They can vacate with a standard 30-day notice. Roof was replaced in 2023. Newer Electric Box.

Location Benefits:

  • Walk to Lake M and the Seminole-Wekiva Trail
  • ½ mile from Westmonte Park & Community Center
  • 5 minutes to Altamonte Mall
  • Close to bus routes, shops, and restaurants
  • Easy access to I-4 Express, Downtown Orlando, and theme parks
  • Under 30 minutes to Orlando and Sanford airports

Investment Highlights:

  • Newer Roof installed in 2023
  • New Electrical box
  • Off-market deal
  • Net ROI: 12%
  • Strong rental demand
  • Great outdoor space for tenants

A solid, low-maintenance investment in a high-growth Central Florida market.

Do your own due diligence!  Cash or private money only. This is an assignment of contract. Price includes assignment fee. Property sold as is with no inspection period, non-refundable earnest money deposit due with signed contract. Buyer to pay all closing costs.

Please call Chuck at 321-914-5546 for access and showing info.

Price:
$142,698
Address:
Altamonte Springs, Florida 32714
Square Feet:
932
Bedrooms:
2
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1974
Const. Type:
Vinyl Siding

Call 321-914-5546 for more details