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

1720 Salem Dr.
Orlando, FL 32807

Expired, 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
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 

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28.56745 -81.282204 $425,000 O5977761
1720 Salem Dr., Orlando, FL 32807
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Listed by Zach Tuohey with EXP REALTY LLC