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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!PROPERTY FEATURES
Utilities :
BB/HS Internet Available
Water Access :
0
Sewer :
Septic Tank
Exterior Features :
Sidewalk
Roof :
Shingle
Road Surface Type :
Concrete
Property Condition :
Completed
Heating :
Central
Cooling :
Central Air
Construction Materials :
Block
Interior Features :
Open Floorplan
Laundry Features :
Laundry Room
Appliances :
Convection Oven
Flooring :
Laminate
PROPERTY DETAILS
Street Address: 1720 SALEM DRIVE
City: Orlando
State: Florida
Postal Code: 32807
County: Orange
MLS Number: O6218907
Year Built: 1960
Courtesy of PARK PLACE REAL ESTATE
City: Orlando
State: Florida
Postal Code: 32807
County: Orange
MLS Number: O6218907
Year Built: 1960
Courtesy of PARK PLACE REAL ESTATE
Courtesy of COMPASS FLORIDA LLC
