100 Cory Ln, Winter Springs, Florida 32708

  • $850,000

Description

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.

Details

  • Property ID O6410025
  • Price $850,000
  • Land Area 0.31 Acres
  • Bedrooms 8
  • Bathrooms 8
  • Year Built 1985
  • Property Type Quadruplex, Residential Income
  • Property Status Active

Additional details

  • Listing Terms Cash, Conventional, FHA, VA Loan
  • Roof Shingle
  • Utilities Electricity Available, Public
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • County Seminole
  • Property Type Residential Income
  • Address: 100 CORY LANE
  • City: Winter Springs
  • State/county: FL
  • Zip/Postal Code: 32708
  • Country: US

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