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Image 1 - 1720 Salem Dr, Orlando, Florida, 32807 - House for sale
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Salem Dr, Orlando, Home For Sale
1720 Salem Dr, Orlando, Florida, 32807

Salem Dr, Orlando, Home For Sale

house for sale
Listed: 07/03/24

1720 Salem Dr, Orlando, Florida, 32807

Studio Bed:
1,855 Sq Ft Living Area:
Save
Price
$ 520,000

About This House

Wow! 8% net cap rate on this beautiful block triplex in East Orlando. Bring in$42, 000annually. Roof, PEX/PVCpiping, flooring, granite, cabinets, bathroom (one unit), ALL updated in 2021. Solar panels (2022). Septic and drain field replaced in 2023. Stainless steel appliances throughout! Unit A (3/1) receives $1800/month. Unit B (studio) receives $1275/month (cuts lawn). Unit C (1/1) receives $1250/month. All units are on one electric and one water meter paid for by the owner. Live in one unit and rent out the other or simply make this property your cash cow!

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Orlando Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Orlando, United States averaged $352,442, a decrease of 5.3% from the previous month.
Median price trends for properties for sale in Orlando, United States as of June 2024.

Household Income

Median household income: $51,820
Number of households: 114,176
The average household income in Orlando, FL grew from $47,594 to $51,820 in the past year. This data is an estimate based upon 114,176 households in Orlando, FL.
The chart below presents how household income is distributed in Orlando, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Orlando, FL compared to median property taxes around the country. The prevalent amount of property taxes in Orlando, FL equals $3k+ , which is less than the national average.