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Property
Beds
2
Full Baths
2
1/2 Baths
1
Year Built
1982
Sq.Footage
976
Great opportunity to acquire a portfolio of four well-maintained adjacent townhomes in the Cambridge Circle community near UCF. All four townhomes are being sold together as a portfolio and include units 12057, 12059, 12061, and 12063. The portfolio consists of four townhomes totaling 3,904 SF with 8 bedrooms, 8 full bathrooms, and 4 half bathrooms, situated on 0.30 acres. Each two-story townhome offers a 976 SF functional floor plan with 2 beds and 2.5 baths, and a private fenced backyard. Roof replaced in 2017. HVAC systems were replaced in 2015 (Unit 12057), 2025 (Unit 12059 and Unit 12061), and 2022 (Unit 12063). All units feature tile flooring on the first floor. Units 12057 and 12063 have carpet on the second floor, while Units 12059 and 12061 feature new vinyl plank flooring upstairs. All units feature upgraded first-floor windows and sliding glass doors, while the second-floor double-pane windows are original. All units have been updated with stainless steel stoves and refrigerators. Unit 12061 also features upgraded LED lighting. HOA dues are $72/month for each townhome and include lawn and other common area maintenance. Tenants in all units are responsible for their own electricity, water, internet, A/C filter replacement, and maintenance of the fenced backyard area. All units are separately metered. Unit 12057 is leased at $1500/month on a month-to-month lease. Unit 12059 is currently vacant for convenient showings. Unit 12061 is leased at $1600/month on a month-to-month lease. Unit 12063 is leased at $1640/month. The portfolio benefits from strong rental demand, being located in the high-demand East Orlando rental market near UCF (1.8 miles, 5 min), Central Florida Research Park (2.2 miles, 6 min), Publix (1.8 miles, 6 min), and Waterford Lakes Town Center (2.5 miles, 9 min), with convenient access to SR-408 and SR-417. Distances and drive times are approximate. With Unit 12059 currently vacant, buyers have the flexibility to occupy one unit while collecting rental income from the remaining three units. Also, an excellent opportunity for investors seeking stable rental income and long-term appreciation in a high-demand Orlando submarket. Schedule a showing today!
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Cats OK, Dogs OK
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Other Exterior Features
Awning(s)
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.06
-
Lot Size(square feet)
2778.0
-
Property Type
Residential
-
Property Sub Type
Townhouse
Price
-
Sales Price
$1,075,000
-
Tax Amount
$2,909
-
Sq. Footage
976
-
Price/SqFt
$1,101
HOA
-
Association
Yes
-
Association Fee
$72
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
-
Total Monthly Fees
$72
School District
-
Elementary School
Riverdale Elem
-
Middle School
Corner Lake Middle
-
High School
University High
Property Features
-
New Construction
NO
-
Foundation Details
Other
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
22
-
Water Source
Public
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Location
County
Orange
Elementary School
Riverdale Elem
Middle School
Corner Lake Middle
High School
University High
Listing Courtesy of Ayesha Verma , KELLER WILLIAMS REALTY AT THE PARKS
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Executive Assistant
Emil Garinga
Call Emil today to schedule a private showing.
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