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1720 Salem Drive, ORLANDO, FL 32807
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1720 Salem Drive
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Priced at Only: $550,000
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Address: 1720 Salem Drive, ORLANDO, FL 32807
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  • MLS#: O6218907 ( Residential Income )
  • Street Address: 1720 Salem Drive
  • Viewed: 5
  • Price: $550,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 82
  • Additional Information
  • Geolocation: 28.5674 / -81.2822
  • County: ORANGE
  • City: ORLANDO
  • Zipcode: 32807
  • Subdivision: East Highlands Sub
  • Provided by: PARK PLACE REAL ESTATE
  • Contact: Zach Tuohey
  • 407-504-1110
  • DMCA Notice
  • Description
    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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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sidewalk, Sliding Doors, Storage
  • Flooring: Laminate, Tile
  • Living Area: 1855.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2022
Other Features
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Country: US
  • Interior Features: Open Floorplan, Stone Counters
  • Legal Description: EAST HIGHLANDS SUB T/149 LOT 2 BLK C
  • Levels: One
  • Area Major: 32807 - Orlando/Azalea Park/Park Manor
  • Occupant Type: Tenant
  • Parcel Number: 23-22-30-2320-03-020
  • Zoning Code: R-1
Nearby Subdivisions
East Highlands Sub  
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Headshot for Associate Frank Filippelli
  1. Frank Filippelli, Broker,CDPE,CRS,REALTOR ®
  2. Southern Realty Ent. Inc.
  3. Quality Service for Quality Clients
  4. Mobile: 407.448.1042
  5. frank4074481042@gmail.com