Active

$550,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1855 sq ft
Overview
  • ID: MFRO6218907
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1855 sq ft
Property Details
Remarks
Wow! 8% net cap rate on this beautiful block triplex in East Orlando. Bring in $42,000 annually. Roof, PEX/PVC piping, flooring, granite, cabinets, bathroom (one unit), ALL updated in 2021. Solar panels (2022). Septic and drain field replaced in 2023. Stainless steel appliances throughout! Unit A (3/1) receives $1800/month. Unit B (studio) receives $1275/month (cuts lawn). Unit C (1/1) receives $1250/month. All units are on one electric and one water meter paid for by the owner. Live in one unit and rent out the other or simply make this property your cash cow!
Financial Considerations
Price:
$550,000
HOA Fee:
N/A
Tax Amount:
$3222.93
Price per SqFt:
$296.5
Tax Legal Description:
EAST HIGHLANDS SUB T/149 LOT 2 BLK C
Exterior Features
Lot Size:
6448
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Furnished:
No
Floor:
Laminate, Tile
Levels:
One
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1960
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk, Sliding Doors, Storage
Additional Features 2:
N/A
Map
  • Address
    1720 SALEM DR
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