For sale · Active
2818 E Michigan Street
Orlando, FL 32806 · Boone Terrace
3 beds2 baths1,449 sqftbuilt 1952
About this home
*LOCATION, LOCATION, LOCATION! PRIMARY RESIDENCE OR INCOME-PRODUCING INVESTMENT OPPORTUNITY!** **OFFERED AT $425,000!* Charming **3-bedroom, 2-bathroom home with a bonus room and covered carport** features a spacious living area, updated kitchen with stainless-steel appliances, attractive cabinetry, tile flooring, and a versatile bonus room. **CURRENTLY RENTED ** An excellent investment opportunity with an existing tenant and rental income. Buyers seeking a primary residence may also have the option of owner occupancy, as the tenants are willing to relocate for occupancy of the home. Move-out arrangements and possession date to be confirmed in writing. **LARGE LOT WITH ADDITIONAL DWELLING OPPORTUNITY!** One of this property's most valuable features is its oversized lot, offering the opportunity to construct an **additional dwelling unit (ADU) or separate residential structure**. Zoning eligibility for an additional dwelling has already been verified. The remaining items to determine are the required setbacks, allowable dwelling size, and applicable construction and permit requirements. **PRIVATE ACCESS FOR THE FUTURE ADDITIONAL DWELLING!** The property offers a separate access area that can serve the proposed additional dwelling, providing flexibility and privacy between the existing residence and a future residential unit. Imagine the possibilities: additional rental income, multigenerational living, or expanded residential use! **PRIME CENTRAL ORLANDO LOCATION!** Conveniently located approximately **15 minutes from Downtown Orlando** and **10 minutes from area hospitals**, with easy access to major highways, shopping centers, supermarkets, banks, restaurants, medical facilities, and employment centers. Whether you're looking for a centrally located primary residence, an established rental investment, or a property with room for future expansion, this home offers exceptional flexibility and opportunity. **Tenant occupied. Showings by appointment only. Please do not disturb tenants.** “Tenants willing to relocate for an owner-occupant buyer; possession arrangements to be negotiated HOME IS KEPT IN EXCELLENT CONDITIONS
The essentials
- Status
- Active
- Property type
- Single Family Residence
- Year built
- 1952
- Days on market
- 154
- Subdivision
- Boone Terrace
- County
- Orange
- MLS #
- S5150808
Interior
- Living area
- 1,449 sqft
- Bedrooms
- 3
- Bathrooms
- 2
- Flooring
- Ceramic Tile, Luxury Vinyl, Porcelain Tile, Tile
- Interior features
- Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor, Walk-In Closet(s)
- Cooling
- Central Air
- Heating
- Central, Electric
Exterior & lot
- Lot size
- 13,308 Square Feet
- Construction
- Block
- Roof
- Shingle
- Exterior features
- Lighting
Community & costs
- Annual taxes
- $6,000
- Ownership
- Fee Simple
Listing courtesy of MAKTUB REALTY · Stellar MLS. This information is believed to be accurate, but without warranty.
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