Price Reduced 13.04%
Price History
$460,000
8/6/2024
$450,000
9/30/2024
$435,000
11/26/2024
$425,000
1/21/2025
$399,999
4/2/2025
5550 HURON STREET, Mount Dora, FL, 32757
0 beds
1920
3,041 sqft
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!
Status:
Active
Type:
Multi-family
Laundry Remarks:
Other
Units:
4
Subdivision:
TANGERINE
Heating:
Natural Gas
Cooling:
Wall/Window Unit(s)
Acreage:
0.51
Est. Taxes:
$4,283
Construction
Wood Frame
Utilities
Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected
Lot Description:
Oversized Lot
Days on Market:
210
Lease Term Type:
12 Months
MLS #:
O6230221
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Compass Florida LLC Phone: 407-203-9441