450 Cherrywood Gardens Dr #450

Are you an investor looking for a passive income? This may be the answer to your goal! A 2-Bedroom, 1 Full Bath & 1/2 Bath with tenants in place is ready for a steal at Cherrywood Gardens! A quiet, small, and well- maintained community tucked in the heart of Maitland where most tenants stay long-term due to its strategic location and great features. Unit 341 has its own 2 reserved parking space right in front, plus available guests parking. This cozy unit with a covered front porch has its own closet laundry, a sliding door at the back end allowing natural lights indoor and overviewing the courtyard. The unit is beautifully maintained with tenants in place. The community is also surrounded with mature trees and pathways on the sides of units with a small pool the occupants can enjoy. And, of course guests parking slots are also available. This is truly an investor’s dream. Tenant's lease expires October 31, 2026. The occupancy rate is high at Cherrywood Gardens according to the Property Manager. Come and view the property before it’s gone in the market!

Twenty percent down over thirty years at 6.5%. Insurance is not included.

Principal & interest

$910

Property tax

$180

HOA dues

$403

Estimated monthly

$1,493

Listed by

Aurora Millado

Brokerage

SPHERA REALTY LLC

MLS number

MFR801098152

Listing information is deemed reliable but is not guaranteed.