1550 MICHIGAN AVE, WINTER PARK, FL, 32789
$600,000
Residential Income
Living Area
1,452 Sqft
Lot Size
6,886 Sqft
Incredible Investment Opportunity in Winter Park! Come take a look at this amazing property located in the heart of Winter Park — just steps from Orlando Avenue, with its fantastic restaurants, shops, and the vibrant lifestyle found only in Winter Park This charming 1947 fully remodeled bungalow offers 2 bedrooms and 1 bathroom and is accompanied by a 1-bedroom, 1-bathroom in law-suite in the back Both units are fully remodeled as of 2 years ago and are separated by a privacy fence, offering ideal flexibility for rental income, multi-generational living, or a house-hack setup. Public records sq footage is for both houses. Zone R2 Property Features: Metal roofs on both units Newer AC systems Full kitchens in both units Luxury vinyl plank flooring throughout Front unit has new windows and Hardie Plank siding Plenty of off-street parking on stone-covered grounds. Property is fully rented with excellent records tenants and bringing an excellent NOI Situated in a highly sought-after area surrounded by multiple new construction homes, this property presents endless possibilities. Whether you’re looking to capitalize on the surging equity in this prime development zone, generate steady income from the existing rental setup, or collect rent while you design your dream home and secure permits, this is a rare and valuable opportunity. Don’t miss your chance to invest in one of Central Florida’s most desirable neighborhoods!
Property Details
Property Features Property Features
MLS ID: MFRS5126664 Year Built: 1947
Construction Materials: HardiPlank Type Cooling: Central Air
Country: US County Or Parish: Orange
Exterior Features: Other Financial Data Source: Owner
Foundation Details: Crawlspace Heating: Central
Laundry Features: Outside Lease Term: Twelve Months
Listing Agreement: Exclusive Right To Sell Occupant Type: Tenant
Pets Allowed: Cats OK, Dogs OK Property Condition: Completed
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Metal
Sewer: Septic Needed Showing Requirements: Call Listing Office
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity, Water
Utilities: Cable Connected, Electricity Connected Water Source: Public
We love to hear from you