4 Bedroom House For Sale By Owner in Mount Dora, FL
$435,000
4 BEDROOMS
4 BATHROOMS
900 SQ. FT.
0.1 ACRES
BUILT IN 1926
$483 /SQ. FT.
Single Family Home
Property Description
Renovated Triplex For Sale By Owner in Mount Dora, FL – Income-Producing Investment Opportunity
Value add triplex for sale by owner in Mount Dora, FL offering immediate rental income and strong upside potential.
This 3-unit multifamily property is newly renovated with ceramic tile flooring throughout, new central HVAC systems, updated kitchens with new appliances, and spacious walk-in closets.
The property also features wonderful citrus trees and maintenance free landscaping for added curb appeal and low upkeep.
Two units have been fully renovated.
One unit is currently leased at $1,800 per month to a long-term tenant (nearly two years) with 6+ months remaining on the lease, providing stable income.
The second renovated unit is rent-ready and available for immediate placement.
The third and largest unit is currently under renovation, offering clear value-add potential to increase rental income and overall property value once completed.
This Mount Dora multifamily investment is priced with renovation upside in mind, making it ideal for investors seeking a cash flowing property with the opportunity to finish improvements, stabilize rents, and hold long term or reposition for resale.
Details & Amenities
Heating:
Cooling:
Auxiliary SQ FT: 100
Property Address
2387 Sheridan Rd, Mount Dora, FL 32757, USA, City - Lake County
Christian
900