$665,000
$725,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
1,112 SqFt
SOLD DATE : 05/01/2019
Key Details
Sold Price $665,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,112 sqft
Price per Sqft $598
Subdivision Willis R Mungers Land Sub
MLS Listing ID O5765220
Sold Date 05/01/19
Construction Status Appraisal,Inspections
HOA Y/N No
Year Built 1983
Annual Tax Amount $6,564
Lot Size 0.460 Acres
Acres 0.46
Property Description
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.
Location
State FL
County Orange
Community Willis R Mungers Land Sub
Zoning C-3
Rooms
Other Rooms Inside Utility
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Wood
Furnishings Unfurnished
Fireplace true
Appliance Range, Refrigerator
Exterior
Exterior Feature Balcony, Irrigation System
Utilities Available BB/HS Internet Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water - Multiple Meters
Garage false
Private Pool No
Building
Entry Level One
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Appraisal,Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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