100 CORY LN, WINTER SPRINGS, FL, 32708
$850,000
Residential Income
Bedrooms
8
Bathrooms
8
Living Area
3,752 Sqft
Lot Size
13,678 Sqft
BEST QUADPLEX IN THE NEIGHBORHOOD — PRIME LOCATION DIRECTLY ACROSS FROM Torcaso Park! Exceptional investment opportunity in a high-demand rental area with strong income potential and low maintenance. This well-kept quadplex features key upgrades, stable tenants, and excellent upside in rents. Major improvements include a roof replacement in 2018 and three of four exterior A/C units replaced within the last seven years. Water heaters were updated (2018, 2019, 2020, and 2007). All stackable washer/dryers have been replaced within the last four years. Units 100, 104, and 106 feature updated Agreeable Gray paint, and Units 102 and 106 include newer energy-efficient windows installed approximately two years ago. Estimated market rents are conservatively around $1,550 per unit, with continued rental growth in the area. Each unit is separately metered, with tenants responsible for water, electricity, and cable/internet—offering a very investor-friendly setup. Current leases expire in September (Unit 102), October (Unit 100), and December (Units 104 & 106). Several tenants are open to converting to month-to-month upon sale, providing flexibility for new ownership. A strong, turn-key income property in a prime location with solid updates and upside potential.
Property Details
Property Features Property Features
MLS ID: MFRO6410025 Year Built: 1985
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator Construction Materials: Block, Frame
Cooling: Central Air Country: US
County Or Parish: Seminole Exterior Features: Balcony
Foundation Details: Slab Heating: Central
Laundry Features: Laundry Closet Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, VA Loan Possession: Close Of Escrow
Property Sub Type: Quadruplex Property Type: Residential Income
Road Surface Type: Gravel Roof: Shingle
Sewer: Public Sewer Showing Requirements: Sentri Lock Box
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Available, Public
Water Source: Public
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