6401 Time Square Avenue Unit CU-18, Orlando, FL 32835

$529,000
1,489
SqFt
List Price
$529,000
Status
Active
Days on Market
4
MLS#
O5978780
Property Style
Retail
Year Built
2000
Living Area
1,489
Lot Size
1,191
Acres
0.03
Total Acreage
0 to less than 1/4
Monthly Condo Fee
483
Legal Subdivision Name
Hamptons At Metrowest
Development Name
Hamptons At Metrowest
Complex/Comm Name
Hamptons
MLS Area Major
Orlando/Metrowest/Orlo Vista

Property Description

**CALLING ALL INVESTORS!!!**Presenting a truly unique and once-in-a-lifetime opportunity you do NOT want to miss to earn over 8.1%**NET** MONTHLY RETURN ON YOUR INVESTMENT WITH A 5 YEAR PERSONAL GUARANTEED COMMERCIAL LEASE WITH 3 YEARS REMAILING WITH AN OPION FOR TENANT TO RENEW THE LEASE** Monthly rent payment of $4,300 per month for the remaining 3 years with an additional 5% increase every year***SALE INCLUDES REAL-ESTATE ONLY, NOT BUSINESS***This marketplace/café is located in the heart of Metro West at the entrance of a residential community on a very busy street featuring 700+ condominium and single family homes. Also in immediate vicinity are over 10,000 residential units, all in close proximity with no other similar business for competition in the residential areas.. Store is very beautiful and looks fantastic with high-end finishes and upgrades including flooring and brand-new equipment. Real estate sale also includes storage (approximate size of one-car garage) that is included in sale price***As noted above, this is a personal-guarantee lease for 5 years with 3 years remailing with option to renew for additional 5 more years***Potential buyer/agent not permitted to disturb current tenant without prior notification and permission from agent/seller*** Please call for showing appointment.

Additional Information

Taxes Annual
$2481
Condo Fees
$483
Condo Fees Term
Monthly
Location
City Limits, Neighbourhood
Community Features
Sidewalks, No Deed Restriction
Zoning
AC-2
Floor
Tile
Appliances
Refrigerator
Utilities
Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Other, Stucco, Wood Frame
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Other
Pets
Allowed
Flood Zone Code
X
Parcel ID
01-23-28-3287-41-018
Legal Description
HAMPTONS AT METROWEST PHASE 2 8088/826 UNIT CU-18 BLDG 41

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of UNITED TEAM REALTY.

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