705 Michigan Court UNIT 1234, Saint Cloud, FL 34769 | MLS S4826604 | Listing Information | BHHS Florida Realty

705 Michigan Court UNIT 1234,  Saint Cloud FL, 34769

Status: Sold
MLS#: S4826604
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Last Updated: 10/18/2017 1:33 AM
Description for 705 Michigan Court UNIT 1234 Saint Cloud, FL 34769
9% ROI after HOA and PROPERTY TAXES. This unique opportunity in the market today is a 4 unit multifamily building located in a desirable GATED community in the city of St. Cloud - FL, 40 minutes from Orlando area. Fully rented with yearly contracts (3 units for US$ 700.00 and 1 unit for US$ 500,00). The all block and stucco building is in outstanding conditions regarding external area, roofing, paint, plumbing and electricity. Each unit is a 2 bedroom, 1 bathroom spacious condo in perfect condition with all appliances included. 4 SEPARATE electricity bills are each tenant's responsibility. Water for all units, lawn care, community pool maintenance are included on HOA fees ($660.00 for the 4 units). The amenities include community pool, playgrounds, green area and community laundry. Please note that there are a total of 4 parcel id numbers. 11-26-30-0609-0705-0010, 11-26-30-0609-0705-0020, 11-26-30-0609-0705-0030, 11-26-30-0609-0705-0040.
Price
Sold Price:
$195,000
Sold Date:05/05/2016
Palm Gardens Condo
Osceola
S4826604
Closed
Description
9% ROI after HOA and PROPERTY TAXES. This unique opportunity in the market today is a 4 unit multifamily building located in a desirable GATED community in the city of St. Cloud - FL, 40 minutes from Orlando area. Fully rented with yearly contracts (3 units for US$ 700.00 and 1 unit for US$ 500,00). The all block and stucco building is in outstanding conditions regarding external area, roofing, paint, plumbing and electricity. Each unit is a 2 bedroom, 1 bathroom spacious condo in perfect condition with all appliances included. 4 SEPARATE electricity bills are each tenant's responsibility. Water for all units, lawn care, community pool maintenance are included on HOA fees ($660.00 for the 4 units). The amenities include community pool, playgrounds, green area and community laundry. Please note that there are a total of 4 parcel id numbers. 11-26-30-0609-0705-0010, 11-26-30-0609-0705-0020, 11-26-30-0609-0705-0030, 11-26-30-0609-0705-0040.
Listing Information
Property Type: Fourplex, Other
0.03 Acres $65.34 1972
Block, Stone, Stucco
26//
Palm Gardens Condo
City
Electric, Cable TV, Sewer
4 Total
Neighborhood
Room Information
Butler Pantry
Interior Features
Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Ceramic Tile
Central Air
Central
Exterior / Lot Features
Stucco, Stone
Shingle
Pool
Community Pool
28x46x28x56, Zero Lot Line
SR3
Other
Street Lights, Close to Bus Line, Gated Community
Community Features
Community Pool, Bus Line
Driving Directions
Take Hwy 192/Vine Street EAST to St. Cloud. Right @ Michigan Avenue and Palm Gardens Condo will be on your right. Turn right on Michigan Court and condo will be on your right
Financial Considerations
$660 Monthly
11-26-30-0609-0705-0010
$1,238
2015
Market Trends and Price History
Listing Price History

Saint Cloud Real Estate

Saint Cloud is located in Florida. Saint Cloud, Florida 34769 has a population of 16,358.

The median household income in Saint Cloud, Florida 34769 is $53,614. The median household income for the surrounding county is $44,551 compared to the national median of $53,482. The median age of people living in Saint Cloud 34769 is 41 years.

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Courtesy: Emidio Dias Carvalho Neto - KELLER WILLIAMS AT THE LAKES


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