8 Beds
8 Baths
3,752 SqFt
8 Beds
8 Baths
3,752 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,752 sqft
Price per Sqft $226
Subdivision Dougs Unit 1
MLS Listing ID O6410025
Bedrooms 8
HOA Y/N No
Year Built 1985
Annual Tax Amount $10,531
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
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.
Location
State FL
County Seminole
Community Dougs Unit 1
Area 32708 - Casselberrry/Winter Springs / Tuscawilla
Zoning R-3
Interior
Interior Features Ninguno
Heating Central
Cooling Central Air
Fireplace false
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator
Laundry Laundry Closet
Exterior
Exterior Feature Balcony
Utilities Available Electricity Available, Public
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6410025
NEARBY SCHOOLS & PROPERTIES
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "