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Gelfand Realty Miami Properties - Multi Family

CYPRESS LNDG, ORLANDO, FL 32818

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Multi Family - WILLIS R MUNGERS LAND SUB

CYPRESS LNDG, ORLANDO, FL 32818

Date Sold 05-01-2019

Sold Price$665,000 Asking Price$725,000

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  • Days on market:

    45 day(s)

  • Original Price:

    $745,000

  • Price per sqft:

    $651.98

  • Tax Legal Description:

    WILLIS R MUNGERS LAND SUB E/23 E 150 FTOF N 300 FT OF LOT 45 (LESS E 126 FT OFN 186 FT OF LOT 45 & LESS R/W ON N)

  • Tax Year:

    2017

  • Property Type:

    Multi Family

  • Furnished Info:

    Unfurnished

  • Construction Type:

    StuccoBlock

  • Cooling Description:

    Central Air

  • Heating Description:

    ElectricCentral

  • Floor Description:

    Carpet Hardwood

  • Exterior Features:

    BalconyIrrigation System

  • Equipment/Appliances:

    Refrigerator Range

  • Special Listing Conditions:

    None

Description

$725,000 • living size area 1112 sqft

This property is a 2 story building on silver star road, orlando, there are a total of 8 units all are 2 bed/2 bath. they are all in good condition all have central a/c seven of the tenants are paying $ 775.00 a month, 1 tenant paying $ 700 ( they have occupied the unit since 2015 ) built in 1983 exterior is concrete/ block and stucco. a new shingle roof was installed in 2017. the outside has just been repainted and new plants installed along the front. it is always occupied there is not a lot of turnover of tenants. all financials available including rent roll expenses and income, figures do show an excellent return. property manager in place for the last 3 years the property has been well maintained the owner is looking to buy something larger.

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