1720 Salem Dr., Orlando, FL 32807 - O5977761 - iPro Real Estate

1720 Salem Dr.
Orlando, FL 32807

Active, Single-Family Sale

For Sale

$425,000 $229.11 per sqft

Free Professional CMA

Listing ID : O5977761

  • Beds

    4
  • Baths

    3/0
  • Structure / Lot Size

    1,855 Sqft / 0.15 Acre
  • Year

    1960

Description

Here it is! The investment opportunity of the year! 10.5% gross cap rate! 8.6% net cap rate! Fully renovated triplex that features brand new roofs on both buildings, beautiful granite counter tops and brand new shaker cabinets on all three units, brand new laminate flooring throughout with new tile in the bathrooms. Stainless steel appliances throughout all three units. All of the plumbing was redone as well, featuring PEX and PVC piping. Open concepts in all 3 of the units. The interior was fully painted. New shower tile and vanity in the studio unit. Gutters installed on the back unit. Asphalt millings were added to create additional parking. Two separate laundry units. Septic tank just pumped. Garbage disposal and water line added to the 3/1 unit making it ideal for a family tenant. The a/c system is only 4 years old. The list goes on! Convenient access to Downtown Orlando, UCF the 417 and the 408. Just This property is set for steady cash flow with very minimal expenses needed for years to come. Both, the studio unit and the 1/1 are currently rented for $1,050/month with electrical, water, cable, and internet included. Both are on 1 year lease agreements Get it before it's gone!

Details

Type: Single-Family Sale 
Subdivision: East Highlands Sub 
MLS Area: 32807 - Orlando/Azalea Park/Park Manor 
County: Orange 
Tax ID: 23-22-30-2320-03-020
Annual Taxes: $927
Days on Market: 11 
Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer 
Cooling: Central Air, Wall/Window Unit(s) 
Direction Faces: East 
Exterior Features: Sidewalk, Sliding Doors, Storage 
Flooring: Laminate, Tile 
Foundation: Slab 
Heating: Central 
Interior Features: Open Floorplan, Stone Counters 
Property Type: Residential Sale 
Roof: Shingle 
Sub Type: Single Family Residence 
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected 
Zoning: R-1 

Show More

Interactive

28.56745 -81.282204 $425,000 O5977761
1720 Salem Dr., Orlando, FL 32807
Directions to here from:

Area Information 32807

Population:

34,466 Up .03% since 2010
Average Income:
$50,906
Average Age:
34Years
Gender:
49.78%Male
50.22%Female
Households:
13,14330.5% with children
Average Value:
$247,125
Occupancy:
46.68%Owned
53.32%Rented
11.94%Vacant
Education:
33.99%High School
12.1%Associate
14.15%Bachelor
4%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
51.17Inches
Earthquake Risk:
Very Low
Hail Risk:
Very Low
Hurricane Risk:
Very High
Ozone Risk:
Above Average
Pollution Risk:
Above Average
Tornado Risk:
Very High
Wind Risk:
Below Average

Tax Assessments

Value

  • Land -
  • Improvements -

  • Total $84,416

Property Tax

  • 2020 $965

History

Date Transaction Price Mortgage Amt & Lender
Date
Oct 16, 2021
Transaction
Temporarily Off-Market - ResidentialO5977761
Price
$425,000
Mortgage Amt & Lender
- -
Date
Oct 16, 2021
Transaction
Temporarily Off-Market - Residential IncomeO5977757
Price
$425,000
Mortgage Amt & Lender
- -
Date
Sep 09, 2021
Transaction
Leased - Residential LeaseO5962062
Price
$1,000
Mortgage Amt & Lender
- -
Date
Sep 09, 2021
Transaction
Leased - Residential LeaseO5964193
Price
$1,000
Mortgage Amt & Lender
- -
Date
Apr 05, 2021
Transaction
Sold - ResidentialO5894196
Price
$210,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Zach Tuohey with EXP REALTY LLC