5550 Huron Street, Mount Dora, FL 32757
- $400,000
- 3,041
- SqFt
- Sold Price
- $400,000
- List Price
- $399,999
- Status
- Sold
- Days on Market
- 256
- Closing Date
- May 21, 2025
- MLS#
- O6230221
- Property Style
- Quadruplex
- Year Built
- 1920
- Living Area
- 3,041
- Lot Size
- 22,408
- Acres
- 0.51
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Tangerine
- MLS Area Major
- Mount Dora
Property Description
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!
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Additional Information
- Taxes
- $4283
- Annual Gross Income
- 41700
- Location
- Oversized Lot
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R-2
- Interior Layout
- Ceiling Fans(s), Walk-In Closet(s), Window Treatments
- Interior Features
- Ceiling Fans(s), Walk-In Closet(s), Window Treatments
- Utilities
- Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected
- Heating
- Natural Gas
- Air Conditioning
- Wall/Window Unit(s)
- Fireplace
- Yes
- Fireplace Description
- Living Room
- Exterior Construction
- Frame
- Exterior Features
- Rain Gutters
- Roof
- Metal
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- A
- Parcel ID
- 08-20-27-8559-01-091
- Legal Description
- TANGERINE 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
Listing courtesy of COMPASS FLORIDA LLC.
Selling Office: MY REALTY GROUP, LLC..Mortgage Calculator
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