1720 Salem Dr

ORLANDO, FL 32807

About this property

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!

About this property

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!

Features and Additional Information

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$520,000 Active
1,855 SQFT

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Brokerage
PARK PLACE REAL ESTATE
1-407-504-1110
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Area Information

32807 Orlando | Azalea Park | Park Manor | Orange County | EAST HIGHLANDS SUB

$ 520,000
This listing is play_arrow 0.0% lower than the average in the area
$ 520,000 in the area
1,855 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
1,855 SqFt in the area
$ 280 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 280 $/SqFt in the area
25 days on site
This listing is play_arrow 0.0% below the average in the area
25 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Zach Tuohey
Brokerage: PARK PLACE REAL ESTATE

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