$850,000
Pending · 20 days on market · MLS# MFRO6410025
| Bedrooms | 8 |
|---|---|
| Living area | 3,752 sq ft |
| Lot size | 0.31 acres |
| Year built | 1985 |
| Property type | Quadruplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $10,532 |
| County | Seminole |
Under contract-accepting backup offers. 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.
Listing courtesy of Anthony Rodriguez, PA, LA ROSA REALTY CW PROPERTIES L. Presented by MC Homes Realty Inc · 727432218.