Presented By: COMPASS FLORIDA LLC with 407-203-9441. -
MLS# O6230221
08/06/2024
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SQFT • 3,041
Home Details
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 away—add this valuable asset to your portfolio in one of Orange County's most desirable areas!
Presented By: COMPASS FLORIDA LLC with 407-203-9441. -
Directionsfrom w orange blossom trail, turn left onto earlwood ave. turn right onto huron st. property is located on the left handside.
Flood Zone Codea
Garage Y/NNo
Gross Income41700
HOANo
Heatingnatural gas
Land Lease Y/NNo
Legal Descriptiontangerine misc 3/599 beg 160 ft e of swcor lot 22 run n 140 ft w 10 ft n 40 fte 132 ft s 180 ft w 122 ft to pob blk 1being part of lots 9 thru 12
Levelsone
Listing Termscash, conventional, fha
Living Area Unitssquare feet
Lot Size Square Feet22408
Lot Size Unitssquare feet
MLS Area32757 - mount dora
ModificationTimestamp2025-04-22t22:08:49.623z
New ConstructionNo
Number Of Units Total4
Occupancy Typetenant
Ok to Lease12 months
Ownershipfee simple
Property Subtypequadruplex
Property Typeresidential income
Roofmetal
Senior Community Y/NNo
Sewerseptic tank
Standard Statuspending
Statuspending
Subdivision Nametangerine
Tax Annual Amount4283
Tax Lot22
Tax Year2023
Total Actual Rent3475
Utilitiescable available, electricity available, electricity connected, natural gas connected
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