Cypress St., Orlando, FL 32824

RENEGOTIATED!

Price WAS: $699,000

Now: $666,000!

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This is one of those opportunities that doesn’t come about all too often. THREE rented triplexes on the same Block in the Taft area just West of Orlando International. There are very few sold comps due to the fact that nobody ever sells. It is a very strong area.

Each unit is currently rented for $795/month. With a little bit of work to each unit, you could could probably raise each unit by $100 or so. The roofs on each unit are new, so you would really just need some paint and a few odds and ends inside.

There are currently zero actives on the market within a mile and the cheapest pending is $179,000 for a 1,200 sf home. Not one active, pending, or sold multifamily within the last year inside of a mile. We are priced at $77,700 per unit.  Property is priced to sell!

Taft, No HOA

Assignable

Est. Rehab: $10,000

Est. ARV: $900,000

Est. Monthly Rent: $7,155