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Gelfand Realty Miami Properties - Multi Family

517 S SUMMERLIN, ORLANDO, FL 32801

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Multi Family - DANIEL BROS SUB

517 S SUMMERLIN, ORLANDO, FL 32801

Sold Price$625,000 Asking Price$625,000

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  • Days on market:

    35 day(s)
  • Original Price:

    $625,000
  • Price per sqft:

    $195.31
  • Tax Legal Description:

    DANIEL BROS SUB F/23 LOT 6 BLK A
  • Tax Year:

    2018
  • Property Type:

    Multi Family
  • Parking:

    Common Parking Pad
  • Furnished Info:

    Unfurnished
  • Elementary School:

    Blankner Elem
  • Middle School:

    Blankner School (K-8)
  • Senior High School:

    Boone High
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    CarpetCeramic Tile
  • Interior Features:

    Ceiling Fan(s) Living Room/Dining Room Combo
  • Exterior Features:

    Fenced
  • Equipment/Appliances:

    DishwasherRefrigerator Range
  • Special Listing Conditions:

    None

Description

$625,000 • living size area 3200 sqft

Can't beat this location! you don’t want to miss this triplex in downtown orlando, bringing in great rental income with room to generate even more! each of the three units features 2 bedrooms, 1.5 baths, a first floor living space including living room/dining room combo with kitchen and ½ bath. off the living room are sliding glass doors that lead to a private back porch with access to the separate exterior laundry room area. the generously sized bedrooms are located on the 2nd floor and share a common bathroom. at the back of the building is a large fenced in yard that is currently apportioned to unit #521 but could be used as a common space for all tenants. to the front of the building is a shared parking pad with 6 parking spaces (2 per unit). zoned for a-rated schools in the neighborhood. blankner k-8 and boone high school. location is key on this building located just steps from the thornton park shopping district, a short walk to downtown orlando, lake eola, lake davis, the downtown dog park as well as easy access to 408 and i-4. new roof in 2018, new interior/exterior paint in 2018 and new carpeting throughout in 2018. tenants pay electric, sewer and garbage. current owner expenses: insurance $2,300/yr, water meter for all units $251/yr and 4th power meter for exterior lights and outlets $442/yr. this building makes for an excellent long-term investment!

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