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!
MLS# | O6218907 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Active |
Year | 1960 |
Days On Site | 78 |
Listing Provided By | PARK PLACE REAL ESTATE | Zach Tuohey |
SQ Feet | 1,855 |
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Story(s) | 1 |
Units | 3 |
Zoning | R-1 |
Acreage | 0.15 |
State | FL |
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County | Orange |
City | ORLANDO |
Zip Code | 32807 |
Area | 32807 Orlando | Azalea Park | Park Manor |
Community Name | EAST HIGHLANDS SUB |
Listing VS Median (in EAST HIGHLANDS SUB) | |
Price: $550,000 low | high Med: $550,000 SqFt: 1,855 low | high Med: 1,855 $ / SqFt: $296 low | high Med: $296 On Site: 78 low | high Med: 78.000000 |