Property Description

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.