Superb Orlando Cash Flowing Properties Contract (Two Triplexes) – Paseo Ave Sold

  • $340,000
  • 12 beds
  • 6 baths
  • 5,712 sqft

ARV = $771,291

As-Is Value= $490,000

Wholesale Cash Price= Only $340,000

Investors come check out this Superb Orlando Cash Flowing Properties Contract- Paseo Ave. TWO FOR THE PRICE OF ONE!  Count them, 2 TRIPLEXES near Downtown Orlando.  Each unit is 952 Sq. Ft. and features 2 bedrooms and one full bath.  Each unit also features a large living room/dinette plus full kitchen. Each dining room opens out through sliding glass doors to a private back porch. Each unit also has a separate interior laundry room with stack-able Washer & Dryer.  There is a fenced yard/common area at the back of the building which the tenants share for entertaining.The landlord pays for water for the whole property and tenants pay sewer. At the front there is a shared parking pad for 6 cars. The roof was replaced in 2005 and the septic was replaced in 2007.All units are rented but 3 leases are expiring within the next 6 months allowing you to renovate and raise rents.New Hot water heaters, A/C handlers and condensate units have been recently purchased for most units saving you thousands! Minor repairs needed estimated $5,000 per unit ($30,000 total).  Rents are currently low but the median rent for the area is $800/month. Here is your chance to pick up a Superb Orlando Cash Flowing Properties- Paseo Ave. This triplex will not last long! 

Bldg 2711, Unit A: carpet and paint. bathroom needs updating. Has new Air Handler and Hot water heater.
Bldg 2711, Unit B:  air handler and outside a/c condensate unit could be replaced but not urgent.  Has new Hot water heater.  Bathroom needs updating.
Bldg 2711, Unit C: needs Carpet and paint.  Has new air handler and hot water heater.  bathroom needs updating.
Bldg 2713, Unit A:  Needs minor plumbing work in kitchen.  Has older air handler but works fine.  Has new hot water heater.  Bathroom needs updating.
Bldg 2713, Unit B:  Needs new fridge, carpet and paint.  Hot water heater and a/c handler are older but in working condition. bathroom needs updating.
Bldg 2713, Unit C:  needs carpet and paint.  Bathroom needs updating.  Minor plumbing repair needed in kitchen.  Has new hot water heater and a/c handler.

Supporting Documents

Property Record 2711 Paseo Ave.

Rent Rolls

CAP rate Worksheet

 

 CALL ADRIANA NOW at 407-442-2766 Ext. 200 To schedule a viewing.  All offers are to be submitted, by email, to Adriana@CENTRALFLiNVEST.com

Terms

Cash, Private or Hard money only. Buyer to pay ALL closing costs including Agent/Broker commissions. All contracts are sold on a “First Come, First Served” basis! A minimum of $2,000 deposit and fully executed assignment agreement required to secure the Contract.
Price:
$340,000
Address:
Paseo Ave
Orlando, FL 32805
Square Feet:
5,712
Bedrooms:
12
Bathrooms:
6
Terms:
For Sale
Property Type:
Home
Year Built:
1986
Const. Type:
Block

Additional Features

Superb Orlando Gift that keeps on giving you Cash Flowing Properties Paseo Ave. Magical Orlando Christmas gift that will give you cash flow for years!!!- Paseo Ave

Call 407-512-4674 (Office) for more details

Property Location