Perfect opportunity to invest in a potential development deal. Property is currently zoned R2, which will allow you to build up to an 8 unit apartment complex featuring 2 bedrooms, 2 baths in each unit. With the property being located in close proximity to UCF and Valencia, this will easily rent out to college students per room or as an entire unit. Rental comps in this area are through the roof especially since is it walking distance to the Central Florida main colleges. With normal room rentals going between $600-$800 per room and an entire 2/2 renting for $1100, this can be a great development opportunity for an investor in the East side of Orlando.
If you rather not deal with a development project, you can easily flip this house and enjoy a quick profit to start the busy spring and summer seasons.
It is not an opportunity to pass up. Call today and schedule a showing.