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$449,500
$449,500
price
For Details, Contact
Sea Glass Florida Properties

Description

11.71 CAP rate on this Beautifully renovated 3-Unit Income Producing Property. No HOA! New roof & soffits, New AC, Electrical updates, New 50 gal hot water heater, New tile flooring throughout all 3 units, New kitchen cabinets and bathrooms in all units. EVERYTHING is new except for the Blocks! Very tastefully and professionally updated throughout. ALL three units currently rented. 3/1, 2/1 & 1/1 units. This property is nicely done, you will not have to do a thing to this property. Rear concrete block building has electric and water access just outside. Building is approx. 20X24 with great potential of finishing into a beautiful 4th unit! This could easily bring an additional $1100+/month. Owner currently uses for storage. Gross Income $57,000, Net Income $52, 714. CAP rate 11.71 (Net monthly income: $4393) Units B & C have 6 month lease, Unit A has one year lease. Located in Orlando City Limits, very close to public bus, eateries, shops, 30 MINS to Orlando International Airport, 30 MINS to Walt Disney, 23 mins to UCF AND JUST 3.5 Miles to Valencia State college. Tenant Occupied, please do not contact tenants must call to make appointment. Thank you


Listed by Lolita Olivieri, .

Property Highlights

  • Property Type: Multi Family, Triplex
  • MLS #: O6213213

General Information

Area 32808 - Orlando/Pine Hills
Elementary School Rock Lake Elem
High School Jones High
Middle School Carver Middle
Number of Units Total 3
Property Subtype Residential Income
Property Type Triplex
Subdivision Lake Lawne Shores Annex
Taxes $2,286
Tenant Pays Electricity, Water
Utilities Cable Available, Electricity Connected, Sewer Connected, Water Connected

Room Information

Flooring Ceramic Tile
Laundry Common Area, Laundry Room

Property Features

Appliances Dryer, Microwave, Range, Refrigerator, Washer
Construction Materials Block, Stucco
Cooling Central Air
Heating Central, Electric
Interior Features Open Floorplan
Interior Square Footage 2,186
Lot Size Acres 0.2
Lot Size Square Feet 8,811
Other Structures Outbuilding, Storage
Patio Features Covered, Enclosed, Front Porch, Patio, Porch, Screened
Roof Shingle
Sewer Public Sewer
Stories One
Water Source Public
$449,500
$449,500
price
For Details, Contact
Sea Glass Florida Properties
Location
4025 Brinell Avenue, Orlando, FL 32808 Driving Directions
Nearby Schools
Listed by Lolita Olivieri, Florida Global Properties Llc.
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