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$695,000

Under contract-accepting backup offers. This offering presents a rare opportunity to acquire a 4-unit income-producing property in the highly sought-after Casselberry submarket of the Orlando MSA. Situated on an expansive 0.85-acre parcel, the property consists of four detached rental homes with durable masonry construction, newer roofs (approximately 4 years old), and a strong history of occupancy. The asset provides stable in-place income with a current rent roll of approximately $71K annually, while offering clear value-add potential through rent growth. Current average rents are below market at approximately $1,650 per unit, with comparable properties supporting higher rent rate per unit, creating a straightforward path to increase income and overall asset value. Operationally, the property benefits from favorable insurance costs (~$6K/year) and minimal near-term capital expenditure requirements, making it a low-risk, easy-to-manage investment. The combination of strong fundamentals, below-market rents, and a large land component positions this asset as an ideal opportunity for investors seeking stable cash flow with upside in a high-growth Central Florida market.

8 Beds ⋅ 5 Baths ⋅ Central Park Add SubDv. ⋅ 32707 Zip Code

454 Lakeport Cove, Casselberry

$549,900

Motivated Seller. FULL DUPLEX. One side has an in-ground pool! Rarely does an investment opportunity combine this level of immediate cash flow with such high-demand features in the heart of Central Florida. Located on a quiet, serene street in the sought-after Enchanted Manor subdivision of Casselberry, this exceptional duplex offers a combined 6 bedrooms, 4 bathrooms, and 2 garages, making it a powerhouse addition to any real estate portfolio. Savvy investors will recognize the massive potential here, with projected rental income of over $48,000. The property has been meticulously maintained and upgraded for longevity and low overhead, featuring a newer roof with fresh decking, a new HVAC system, and durable, stylish terrazzo flooring throughout. Each 3-bedroom, 2-bathroom unit includes its own private garage and convenient inside laundry room, ensuring a high quality of life for residents and maximum rental appeal. The interior of 76 Griggs has been thoughtfully modernized with new white kitchen cabinetry, elegant granite countertops, and a contemporary backsplash, but the true "wow factor" is the large outdoor pool—a rare luxury for a duplex—complete with brand-new privacy fencing. Whether you choose to rent both units for maximum ROI, "house hack" by living in one side while the other pays your mortgage, or utilize the space for an extended family compound, the flexibility of this No-HOA property is unmatched. Tenants and owners alike will love being minutes from the 17-92 corridor, providing effortless access to premier shopping, dining, and entertainment, as well as being steps away from two beautiful local parks and a dog park. This is a rare chance to own a high-performing, multi-family asset in a city known for its strong schools and community growth; don't miss your opportunity to secure this gem in Casselberry. Call today for more info!

6 Beds ⋅ 4 Baths ⋅ Enchanted Manor SubDv. ⋅ 32707 Zip Code

70-76 Griggs Avenue, Casselberry