ORLANDO, FL 32807 1720 Salem DRIVE
$550,000
21 more
Presented By: PARK PLACE REAL ESTATE with 407-504-1110. - 407-504-1110
SQFT • 1,855
SQFT • 1,855Home Details
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!
Presented By: PARK PLACE REAL ESTATE with 407-504-1110. - 407-504-1110
Interior Features for 1720 Salem DRIVE
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringlaminate, tile
Heating Y/NYes
Laundry Featureslaundry room
General for 1720 Salem DRIVE
Additional Parcels Descriptionno
Additional Parcels Y/NYes
Appliancesconvection oven, dishwasher, disposal, dryer, electric water heater, microwave, refrigerator, washer
Building Area Unitssquare feet
Carport Y/NNo
Cityorlando
Construction Materialsblock
Coolingcentral air, wall/window unit(s)
Countyorange
Days on Market34
Directionsfrom colonial drive turn right on salem drive
Disclosureslead paint, seller property disclosure
Exterior Featuressidewalk, sliding doors, storage
Flood Zone Codex
Garage Y/NNo
Gross Income54000
Heatingcentral
Home Owner AssocYes
Interior Featuresopen floorplan, stone counters
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptioneast highlands sub t/149 lot 2 blk c
Levelsone
Living Area Unitssquare feet
Lot Size Square Feet6448
Lot Size Unitssquare feet
MLS Area32807 - orlando/azalea park/park manor
Minimum Leaseno minimum
ModificationTimestamp2024-08-18t22:19:15.353z
New ConstructionNo
NumberOfUnitsTotal3
Occupancy Typetenant
Ok to Lease12 months
Percent Ownershipfee simple
Property Conditioncompleted
Property SubTypetriplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerseptic tank
Standard Statusactive
Statusactive
Subdivision Nameeast highlands sub
Tax Annual Amount3222.93
Tax Lot2
Tax Year2022
Total Actual Rent4500
Utilitiesbb/hs internet available, cable connected, electricity connected, sewer connected, water connected
View Y/NNo
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1960
Zoningr-1
Exterior for 1720 Salem DRIVE
Foundation Detailsslab
Lot Size Acres0.15
Lot Size Area6448
Number of Buildings2
Number of Lots1
Road Surface Typeconcrete, gravel
Water Sourcepublic
Additional Details
Price History
