$899,950
Pending · 112 days on market · MLS# MFRP4933818
| Bedrooms | 14592 |
|---|---|
| Living area | 6,130 sq ft |
| Lot size | 0.16 acres |
| Year built | 2007 |
| Property type | Quadruplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $6,573 |
| County | Polk |
Under contract-accepting backup offers. Rare Investment Opportunity! This quadruplex, featuring a new roof (2023), consists of four spacious 1,532 sq. ft. townhome-style units, each with 4 bedrooms, 2.5 baths, and two designated parking spaces. With over 6,130 sq. ft. of heated space, no HOA, and a strong rental history, this property is an investor’s dream. Each home features a large living room, family room, kitchen, laundry room, and half bath on the first floor, with four bedrooms and two full baths upstairs. The property has been well maintained, with three of the four HVAC systems recently replaced. All units have individually metered utilities, tenants cover their own expenses, maximizing investor returns. Located in a high-demand rental market, this property presents an opportunity for strong cash flow, value appreciation, and future rent increases. While some cosmetic updates may be needed when the time comes to secure a new tenant, the steady rental income and prime location make this a turnkey investment. Conveniently situated near shopping, dining, major highways, and Central Florida attractions, this is an ideal opportunity for both seasoned and new investors. Sellers are downsizing their investment portfolio, capitalize on this rare opportunity of 4 connected Townhomes/no HOA and schedule your showing today!
Listing courtesy of Jenn Manzella, FLORIDA REALTY MARKETPLACE. Presented by MC Homes Realty Inc · 727432218.