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Turnkey 3 Units D.Town Orlando
Turnkey 3 Units D.Town Orlando
Equity Score
Property Details
Awesome three-unit rental property near Downtown Orlando. The front building is a duplex with two 3/2 units. The back building is a 2/1. Features included replumbing with new drainage pipes, new electrical boxes in 2010, four and six-year-old A/C units, and a new roof on the single family home. Currently, two units are occupied on month-to-month leases by long-term tenants, with the current rents below the market median.
New construction duplexes in the area are selling for $525,000. One of our comps is a wooden duplex, built in the 1930s, with a small single family home in the back, and sold for $450,000. On top of being over a 10% APY, there is a solid amount of equity in this property. Call your EquityPro Advisor for more information.