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Gelfand Realty Miami Properties - Multi Family

210 CYPRESS, ORLANDO, FL 32824

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Multi Family - SPAHLERS ADD

210 CYPRESS, ORLANDO, FL 32824

Sold Price$275,000 Asking Price$295,000

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  • Days on market:

    30 day(s)
  • Original Price:

    $295,000
  • Price per sqft:

    $127.37
  • Tax Legal Description:

    SPAHLERS ADDITION TO TAFT D/114 LOTS 4 &5 BLK B TIER 4
  • Tax Year:

    2017
  • Property Type:

    Multi Family
  • Parking:

    None Parking Pad
  • Lease Term Remaining:

    24 Months
  • Construction Type:

    Wood Frame
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    ElectricCentral
  • Floor Description:

    CarpetCeramic Tile
  • Interior Features:

    Ceiling Fan(s)
  • Exterior Features:

    Other
  • Equipment/Appliances:

    Refrigerator Range
  • Special Listing Conditions:

    None

Description

$295,000 • living size area 2316 sqft

Very rare opportunity to own 3 triplex buildings for a total of 9 units for a total price of 885k. fully rented with rents escalating. lowest existing rent is 795. highest rent is 875. any new leases or extensions would be raised up to 875 or 900. two units have granite. all units have central ac/heat - no window units allowed. new roof! many areas have new siding, whole property has new paint. tile throughout almost every unit. very little carpet. washer dryer connections in 8 of the 9 units. rents should be 875-900 per unit with renewed leases bringing your gross annual income to 97,200 / year. most tenants have been there for 5-7 years! must purchase with parcel ids 36-23-29-8228-40-202 and 36-23-29-8228-40-211

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