5550 HURON ST, MOUNT DORA, FL, 32757
$399,999
Residential Income
|
Living Area
3,041 Sqft
|
Lot Size
22,408 Sqft
|
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 away—add this valuable asset to your portfolio in one of Orange County's most desirable areas!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6230221 | Year Built: | 1920 | |
| Construction Materials: | Frame | Cooling: | Wall/Window Unit(s) | |
| Country: | US | Exterior Features: | Rain Gutters | |
| Fireplace Features: | Living Room | Foundation Details: | Slab | |
| Heating: | Natural Gas | Laundry Features: | Other | |
| Lease Term: | Twelve Months | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA | |
| Lot Features: | Oversized Lot | Occupant Type: | Tenant | |
| Property Sub Type: | Quadruplex | Property Type: | Residential Income | |
| Road Surface Type: | Asphalt | Roof: | Metal | |
| Sewer: | Septic Tank | Showing Requirements: | Sentri Lock Box, 24 Hour Notice, Appointment Only | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected | |
| Water Source: | Public | |||
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