Property Description
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.
Property Features
Amenities
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: LA ROSA REALTY CW PROPERTIES L
Agency Contact: 407-910-2168
Shown By
Agent Name: Shelly Sharp
Agent Phone: Cell: (904) 742-9934
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 5,450.43 per month $4,324.93 Principal & Interest $877.58 Property Tax $247.92 Homeowner's InsuranceChange Payment Information
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100 Cory Lane | MLS# O6410025
This multi-family property located at 100 Cory Lane, Winter Springs, FL 32708 is currently listed for sale with an asking price of $850,000. Search Winter Springs real estate on ssharp.watsonrealtycorp.com today.