728 N SUMMERLIN AVE, ORLANDO, FL, 32803
$790,000
Residential
Bedrooms
3
Bathrooms
2
Living Area
2,084 Sqft
Lot Size
6,160 Sqft
Welcome to 728 N Summerlin Ave, a versatile multi-unit property in Park Lake Highland. This unique parcel features a 3-bedroom, 2-bath historic home, along with an attached triplex, offering four separate units. All units are leased, producing approximately $6,050 per month ($72,000 annually), with opportunity for rent growth. The primary residence features over 2,080 sq ft, original hardwood floors, a fireplace, updated HVAC (installed in 2023) and Roof, and a two-car garage. The triplex units each have private entrances and efficient wall unit systems. Two powerful ways to own this property: Investor Model: Treat it as a fully leased fourplex delivering steady income in a prime location. With over $72,000 in annual income already in place and upside potential from rents, this is a turnkey asset with long-term growth potential in one of Orlando’s most desirable rental markets. Hybrid Model: Live in the beautifully preserved main house and let the three triplex units offset your mortgage. With $3,550/month in rent covering a large share of ownership costs, you enjoy the comfort and stability of homeownership while tenants contribute directly toward your monthly expenses. Whether you are an investor looking for strong returns or a homeowner looking for affordability in a prime neighborhood, 728 N Summerlin Ave offers both. Call today for details on the current income and growth potential.
Property Details
Property Features Property Features
MLS ID: MFRS5135060 Year Built: 1930
Appliances: Range, Refrigerator Construction Materials: Block, Cement Siding, Frame
Cooling: Central Air, Wall/Window Unit(s) Country: US
County Or Parish: Orange Direction Faces: East
Exterior Features: Lighting, Sidewalk Fencing: Fenced
Fireplace Features: Wood Burning Flooring: Tile, Wood
Foundation Details: Crawlspace Furnished: Unfurnished
Heating: Central, Ductless Laundry Features: Inside, Laundry Room
Levels: Two Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, VA Loan Occupant Type: Tenant
Other Structures: Guest House Property Condition: Completed
Property Sub Type: Single Family Residence Property Type: Residential
Road Surface Type: Paved Roof: Shingle
Sewer: None Showing Requirements: 24 Hour Notice, Appointment Only, Call Listing Agent 2, Call Before Showing, Call Listing Agent, No Lockbox
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Cable Connected, Electricity Connected
Water Source: Public
Rooms Rooms
Great Room: 14x16 ft Kitchen: 10x12 ft
Primary Bedroom: Bedroom 2: 12x12 ft
Bedroom 3:
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