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$550,000
20 Days Online

1720 Salem Drive
Orlando, FL 32807

For Sale|Multi-Family|Active
Subdivision:
East Highlands Sub
County:
Orange
Call Now: +1 407 925 0800
Is this the home for you? We can help make it yours.
+1 407 925 0800
1720 Salem Drive1720 Salem Drive1720 Salem Drive1720 Salem Drive
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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!

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Listing Snapshot
Price 
$550,000
Days Online 
20 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,855 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1960
MLS® Number 
O6218907
Status 
Active
Property Tax 
$3,222
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen online
General Features
Construction 
Block
Sewer 
Septic Tank
Number of Stories 
1
Acreage 
0.15
Water 
Public
Property Sub Type 
Triplex
Utilities 
Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Foundation 
Slab
Zoning 
R-1
Minimum Lease 
No Minimum
Ownership 
Fee Simple
Parcel Number 
23-22-30-2320-03-020
Interior Features
Cooling 
Central AirWall/ Window Unit(s)
Heating 
Central
Appliances 
Convection OvenDishwasherDisposalDryerElectric Water HeaterMicrowaveRefrigeratorWasher
Flooring 
LaminateTile
Interior 
Open FloorplanStone Counters
Laundry Features 
Laundry Room
Fireplace 
No
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Exterior Features
Roof 
Shingle
Waterfront Property 
No
Exterior 
SidewalkSliding DoorsStorage
Community Features
Township 
22
Senior Community 
No
MLS Area 
32807 - Orlando/Azalea Park/Park Manor
Listing courtesy of PARK PLACE REAL ESTATE 407-504-1110



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-09-08 12:25 AM EDT

Neighborhood & Commute
Source: Walkscore
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