Under contract-accepting backup offers. Seize the moment with this exceptional VALUE ADD CASH FLOWING QUADRUPLEX, offering an enticing cap rate! Nestled in the vibrant and ever-growing Mount Dora, Florida, this unique property at 5550 Huron Street is your ticket to lucrative real estate investment. Spanning 3,041 square feet on a sprawling 22,408-square-foot lot, each of the four units is designed for comfort and convenience. With individual wall-mounted air conditioning, well-equipped kitchens, and private entrances. Unit 1 shines with fresh new carpet and sleek bathroom tile. Plus, a brand-new shared laundry shed with washer and dryer makes life easy for residents. Set in a peaceful, well-maintained neighborhood, the quadruplex boasts a beautifully manicured yard, perfect for relaxation and recreation. Parking is a breeze with ample street options and dedicated spots in front of each unit. With a solid annual income of $41,700 and minimal maintenance, this property is ripe for rental growth and enhancements. The updated electrical system, done in 2024, ensures future-proof peace of mind. Located mere minutes from boutique shopping, waterside dining, and the cultural gems of downtown Mount Dora, this quadruplex offers a rich lifestyle. Known for its scenic lakes, vibrant festivals, and diverse culinary scene, Mount Dora is a hotspot for both residents and investors. Don’t let this incredible opportunity slip awayadd this valuable asset to your portfolio in one of Orange County's most desirable areas!
MLS# | O6230221 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Pending |
Year | 1920 |
Days On Site | 261 |
Listing Provided By | COMPASS FLORIDA LLC | Drew Belani |
SQ Feet | 3,041 |
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Story(s) | 1 |
Units | 4 |
Zoning | R-2 |
Acreage | 0.51 |
State | FL |
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County | Orange |
City | MOUNT DORA |
Zip Code | 32757 |
Area | 32757 Mount Dora |
Community Name | TANGERINE |
Listing VS Median (in TANGERINE) | |
Price: $399,999 low | high Med: $399,999 SqFt: 3,041 low | high Med: 3,041 $ / SqFt: $132 low | high Med: $132 On site: 261 low | high Med: 261.000000 |