$749,000

Quadruplex In Mount Dora

  • 9 Beds
  • 6 Baths
  • 4,072 Sqft
  • 5,150 Sqft lot
  • Updated: Today
  • Source:
    Stellar MLS  MLS#G5117406

About the Property

7 minutes from Historic Downtown Mount Dora sits this 6 unit cash flow property with C1 Zoning. Continue producing over $60,000 NET INCOME/year on this cash cow, or travel down a different path with possible AirBNB or Bed & Breakfast opportunities. Piece of mind is invaluable, but will surely add value to this fully renovated property. The roof was replaced in 2021, all 30+ windows have been r
7 minutes from Historic Downtown Mount Dora sits this 6 unit cash flow property with C1 Zoning. Continue producing over $60,000 NET INCOME/year on this cash cow, or travel down a different path with possible AirBNB or Bed & Breakfast opportunities. Piece of mind is invaluable, but will surely add value to this fully renovated property. The roof was replaced in 2021, all 30+ windows have been replaced (saving you over $35,000 in replacement costs), Sherwin Williams paint coats the exterior since 2019, Entire interior was painted in 2020, New bathrooms including vanities and shower units have been installed in 2020, All new exterior doors were installed in 2020, new awnings installed in 2020, and a new deck was built in back in 2019. Many of the units feature updated flooring as of 2019/2020 and every unit has 2020 appliances. Washer & Dryer in the building utility room. Lots of character in this property; a true asset to own and a great ROI at current list price! Property is professionally managed and able to transfer to the new owner. Owner is retiring and passing on the opportunity. Passive income with a worry free property is very hard to come by in this market. THIS is your chance to take over a sure thing. Showings by appointments only, with qualified buyers only and submitted Letter of Intent. Do not disturb the tenants. Seller financing Available at Full Price offer with minimum 15% down, 5 year balloon, 10% interest rate, 30 year amortization (This equates to a monthly payment of $5,587/month Principal & Interest only).
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  • Property type

    Other

  • Year built

    1900

  • Price/sqft

    $183

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7306 EARLWOOD AVENUE, Mount Dora, Florida, United States View on Google Maps
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OPTIMA ONE REALTY, INC. - Clermont

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OPTIMA ONE REALTY, INC. - Clermont
Florida, United States
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5
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2026
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OPTIMA ONE REALTY, INC. - Clermont
Clermont, Florida, United States
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Last updated
Today
First listed
September 30
Listing reference
G5117406
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