For sale · Active

2818 E Michigan Street

Orlando, FL 32806 · Boone Terrace

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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.