2818 E Michigan Street, Orlando, FL 32806

$425,000
3
BD
2
BA
1,449
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$425,000
Status
ACTIVE
Days on Market
154
Price Change
▼ $5,900 1794460180
MLS#
S5150808
Subtype
Residential
Style
One Story
Architectural Style
Bungalow, Ranch
Year Built
1952
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,449
Lot Size
13,308
Acres
0.31
Subdivision
Boone Terrace
MLS Area Major
Orlando/Delaney Park/Crystal Lake

Property Description

*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.** The description now states that zoning eligibility has been verified, without suggesting that construction plans or permits have already been approved. The s “Tenants willing to relocate for an owner-occupant buyer; possession arrangements to be negotiated HOME IS KEPT IN EXCELLENT CONDITIONS

Additional Information

Interior Features
Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Walk-In Closet(s)
Exterior Features
Lighting
Financing
Cash, Conventional, FHA
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-1A
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Lighting
Stories
1
Levels
One
Roof
Shingle
Foundation
Slab
Garage
1 Car Carport
Elementary School
Conway Elem
Middle School
Conway Middle
High School
Boone High

Listing courtesy of MAKTUB REALTY. 407-930-3530

What's Your Home Worth?

Thinking of selling or interested in learning about a neighbor's house? We can help you see what it's worth.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on