517 S SUMMERLIN AVE Orlando, FL 32801

$609,000
517 S SUMMERLIN AVE, Orlando, FL 32801
O5708206

Multi-Family Home for sale in Orlando, FL

for $609,000. This 3,200 square foot home was built in 1979 on a lot size of 0.21 Acre(s).

Property Information

  • $609,000
  • Multi-Family
  • 3,200 Square Feet
  • Taxes are $6,098
  • Active
  • Lot size of 0.21 Acre(s)
  • Built in 1979
  • Orlando, FL
  • Greenwood Neighborhood
  • Orange County
  • MLS/Web ID is O5708206

 Virtual Tour

Description

Location! Location! Location! TRIPLEX in Downtown Orlando with three 2/1.5 townhomes. Each unit features a living room/dinette plus kitchen & guest bathroom downstairs; and upstairs 2 good-sized bedrooms separated by one bathroom. The living room opens out through sliding glass doors to a private back porch. Each unit also has a separate exterior laundry room with room for full size washer & dryers. Central A/C. There is a large fenced yard at the back of the building which is designed for unit 521 but could be shared by all the tenants for entertaining and storage. The landlord pays water for the whole property and tenants pay sewer. At the front there is a shared parking pad for 6 cars. BRAND NEW ROOF 2018. Located very close to Thornton Park shopping district and easy access to the 408 Expressway. Walk to Lake Eola, Dr. Phillips Performing Arts Center and Downtown Orlando. Just steps away from Lake Davis, Lake Cherokee and Dog Park. Each unit is move-in ready and can expect to rent $1 per month... and more if you remodel! The interior and exterior were recently painted; new carpeting throughout. Move in ready. Current Expenses: Insurance $2100/year Water bill for all units on one meter only $15 - $25 per month. The electric meter is for outdoor light and a couple of plugs $30 per month. Tenants pay power, sewer, garbage.

Interior 7

Appliances

  • Dishwasher
  • Disposal
  • Range
  • Range Hood
  • Refrigerator
  • Smoke Detector

Cooling System

  • Ceiling Fan(s)
  • Central Air

Flooring

  • Carpet(s)
  • Tile Flooring
  • Vinyl Tile

Heating System

  • Central Heat

Room Features

  • Laundry in Closet

Sewer

  • Connection

Water Source

  • Water Available

Exterior 8

Construction

  • Block
  • Stucco

Exterior

  • Covered Patio/Porch
  • Gutters
  • Outdoor Lighting
  • Patio
  • Porch
  • Sliding Doors

Fence

  • Fenced

Garage

  • None
  • Other

Land Improvements

  • Sidewalks

Lot Description

  • Inside City Limits

Parking

  • Common Parking
  • Driveway
  • Oversized parking

Roof

  • Shingle Roof

Miscellaneous 1

Utilities

  • Electric
  • TV-Cable

† Excluded Feature

Neighborhood & Schools

Community: DANIEL BROS SUB
Elementary School: Blankner Elem
Middle School: Blankner School (K-8)
High School: Boone High

Listed By

Broker: MORGAN PROPERTY SOLUTIONS INC

517 S SUMMERLIN AVE, Orlando, FL, 32801 is a Multi-Family Home for sale at $609,000 with 3,200 sqft and a lot size of 0.21 Acre(s). 517 S SUMMERLIN AVE was built in 1979. The property's zip code is 32801 which is in Orlando, FL

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Pricing History

Date Price Price Change Description
9/11/2018 $609,000 -2.56 % Price Change
9/11/2018 $625,000 Price Change
5/16/2018 $625,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Orlando $471,340 23 % below $301,000 51 % below
Multi-family listings in Orlando $587,004 4 % below $319,900 47 % below

Get the facts about Orlando, FL!

Population 271,414
Population Growth (since 2000) 35 %
Median Income $45,079
Median Age 35.39
Households w/ Children 24 %

Residential Dwellings

  • Owned 50909
  • Vacant 18449
  • Rented 65595

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363