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1720 SALEM DRIVE

Multi-family For Sale
$520,000

BTC: 8.44273851

ETH: 152.52129432

2 days
0 room(s)
1,855 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1960
Lot:
0.15 Acres
Heating:
Central
Price/sqft:
$280
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Laminate

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Appliances

    • Convection Oven

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Open Floorplan

    • Stone Counters

  • Property

    • Levels: One

    • Exterior Features: Sidewalk / Sliding Doors / Storage

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 232230232003020

    • Zoning: R-1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,223

  • Source details

    • MLS ID: O6218907

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Living Area: 1855

    • Water Source: Public

    • Subdivision Name: EAST HIGHLANDS SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PARK PLACE REAL ESTATE