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12057 TIFT CIRCLE, Orlando, FL, 32826 | $1,075,000
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
- Rooms: 3
- Bedrooms: 2
- Baths: 2 full / 1 half
- Laundry: In Kitchen, Laundry Closet
- Year Built: 1982
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 976
- Acreage: 0.06
- Est. Taxes: $2,909
- HOA Fee: $72 Monthly
- Elem. School: Riverdale Elem
- Middle School: Corner Lake Middle
- High School: University High
- Pet Policy: Cats OK, Dogs OK
- Appliances: Cooktop, Dishwasher, Disposal, Range Hood, Refrigerator
- MLS#: O6415050
- Days on Market: 5 days
- Website: https://www.raveis.com
/eprop/O6415050/12057tiftcircle_orlando_fl?source=qrflyer
Listing courtesy of KELLER WILLIAMS REALTY AT THE PARKS Phone: 407-629-4420
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
12057 TIFT CIRCLE, Orlando, FL, 32826
$1,075,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $860,000 | $860,000 | $860,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.267% | 6.259% | 6.203% |
| Monthly Tax Payment | $242 | $242 | $242 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,156 | $5,225 | $7,257 |
| Total Monthly Payment | $5,523 | $5,592 | $7,624 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388