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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
3,041
acreage
Acreage
0.51
open houses
Open Houses
-
year built
year built
1920
full baths
Full Baths
0
half baths
Half Baths
0
Rare opportunity to own a VALUE ADD CASH FLOWING QUADRUPLEX at a 6.7% cap. Excellent location near charming and sought-after growing Mount Dora, Florida. This unique property at 5550 Huron Street offers a total of 3041 square feet of living space on an expansive 22408 square foot lot. Each of the four units features individual wall-mounted air conditioning units, well-appointed kitchens, private entrances, and mailboxes for added convenience. Unit 1 boasts fresh new carpet, new bathroom tile. New shared laundry shed with new washer and dryer. Nestled in a tranquil and well-maintained neighborhood, this quadruplex boasts a large and impeccably manicured yard, providing a serene outdoor space for residents to enjoy. Ample street parking and dedicated parking directly in front of each unit ensure hassle-free parking for all occupants. With a consistent annual income of $41,700 and low property maintenance, this property presents an exceptional opportunity for rental growth, and improvements. The electrical system is up to date as of 2024, offering peace of mind to the future owner. Conveniently located just minutes away from boutique shopping, waterside restaurants, and renowned "modernism" museums in downtown Mount Dora, this quadruplex is perfectly positioned to give residents a vibrant and diverse lifestyle. Mount Dora is a thriving area of Orange County, known for its scenic lakes, annual festivals, and diverse culinary scene, making it a highly desirable community for residents and investors alike. Don't miss this incredible opportunity to add a valuable asset to your portfolio in the rapidly growing Mount Dora area.
Location
Subdivision TANGERINE
County Orange
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: O6230221
Listing agent: Drew Belani #3235743
Listing broker: Compass (305) 851-2820
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Monday, December 9 2024 at 8:30 p.m. EST
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