About 1550 Michigan Avenue
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!
Features of 1550 Michigan Avenue
| MLS® # | S5126664 |
|---|---|
| Price | $600,000 |
| Square Footage | 1,452 |
| Acres | 0.16 |
| Year Built | 1947 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | 407HUB REAL ESTATE LLC |
|---|
Listing Map
Neighborhood Information for 1550 Michigan Avenue
Stable Population, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
The Parke House Academy Private - Preschool to 5Th Grade - Closest Elementry School |
0 Miles | |
|
|
The Academy Of Ability Private - to |
1 Miles | |
|
|
Circle Christian School Private - Kindergarten to 12Th Grade |
1 Miles | |
|
Killarney Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
|
Orlando Junior Academy Private - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
Winter Park Tech Public - to |
1 Miles | |
|
|
Pace Center For Girls Public - 7Th Grade to 12Th Grade |
1 Miles |
School data provided by GreatSchools