Residential Property - Single Family Residence in Orlando
Listing Price: $272,000 (Mortgage Calculator →)
Description of Property
Fully renovated and move-in ready, this 2-bedroom, 2-bath home offers a great opportunity for both homeowners and investors. Special owner-occupant financing may be available, including programs for qualified buyers with little to no down payment. This home features vinyl flooring, granite countertops, stainless steel appliances, modern lighting, and beautifully renovated bathrooms. Major improvements have already been completed, including a new roof, windows, HVAC system, and water heater, providing peace of mind for years to come. For investors, the property is already producing income with *well-qualified* long-term tenants in place paying $1,950 per month, with a lease secured through June 2026 (would like to renew). With extremely low expenses, including just $110 per year in HOA fees and low property taxes, the property offers strong cash-flow potential and an estimated 7.29% cap rate. Located in a quiet community with a peaceful pond view and just minutes from Downtown Orlando, College Park, and Lake Eola, this home combines convenience, lifestyle, and long-term value. Whether you're looking for a place to call home or a turnkey investment property with immediate income, this is a rare opportunity in a highly desirable location.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Orlando
County: Orange
Subdivision: Villas At Signal Hill
Bedrooms: 2
Bathrooms: 1
Half Baths: 1
Sq. Ft. Gross: 1,352
Sq. Ft. Living Area: 980
Cost per (heated) sqare foot: $278
Year built: 1978
Annual Tax: $3,295
HOA Fee: $110 Annually
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Window Features: Blinds
Additional Rooms: Family Room
Flooring: Tile
Schools
Elementary School: Rosemont Elem
Middle/Junior High School: College Park Middle
High School: Evans High
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Lake Front
Water Name: KASEY LAKE
Exterior & Construction
Architectural Style: Traditional
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Sliding Doors
Garage: Yes
Garage Spaces: 1
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Patio & Porch Features: Rear Porch
View: Water
Sewer: Public Sewer
Water Source: Public
Community Features: Sidewalks
Lot Information
Lot Features: Sidewalk
Lot Size (acres): 0.13
Lot Size (sq. ft.): 5,534 square feet
Lot Dimensions: 77 x 88
Road Frontage: Street Paved
Front Exposure: North
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 062229889400170
Zoning: PD/W/RP
Pets Allowed/Pet Policies: Yes
New Construction: Yes
Tax Legal Desc.: VILLAS AT SIGNAL HILL UNIT 1 6/116 LOT 17
Section: 6
Range: 29
Listing courtesy of WRA BUSINESS & REAL ESTATE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.