53 Bluff Lake Road, Mascotte, FL 34753

$599,995
10
BD
5
BA
4,764
SqFt

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List Price
$599,995
Status
Pending
Days on Market
80
Price Change
▼ $75,000 1781654191
MLS#
O6399860
Property Style
Quadruplex
Year Built
1979
Bedrooms
10
Bathrooms
5
Living Area
4,764
Lot Size
13,804
Acres
0.32
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Acreage & Unrec
MLS Area Major
Mascotte

Property Description

Under contract-accepting backup offers. Investor Alert: Rare 5 Unit Multifamily in Mascotte Florida! this 5-unit property is generating approximately $6,050/month in gross income with leases in place instant cash flow from day one. Each unit features separate electric meters and service panels, minimizing owner expenses and maximizing efficiency. Located just off Hwy 50 near shopping, dining, and the Mascotte Civic Center, with quick access to Clermont and about 40 minutes to Walt Disney World. Extremely limited multifamily inventory in Mascotte don’t miss this high-demand, income-producing asset! Seller replaced the roof and the new septic. THIS PROPERTY CAN BE PURCHASED WITH NO INCOME VERIFICATION.

Additional Information

Taxes
$6544
Annual Gross Income
72600
Community Features
No Deed Restriction
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Utilities
Cable Available, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Water - Multiple Meters, Water Available, Water Connected
Heating
Ductless
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Stucco
Exterior Features
Lighting
Roof
Metal
Foundation
Slab
Pool
No Pool
Flood Zone Code
x
Parcel ID
14-22-24-0002-000-03300
Legal Description
FROM NE COR OF S 1/2 OF SW 1/4 OF NE 1/4 OF NW 1/4 RUN S 00DEG 04MIN 57SEC E 50 FT, S 89DEG 59MIN 35SESC W 242.38 FT, S 00DEG 04MIN 57SEC E 68.92 FT FOR POB, RUN S 89DEG 59MIN 35SEC W 257.37 FT TO E'LY R/W LINE OF SR 33 & PT A, RETURN TO POB, RUN S 0 0DEG 04MIN 57SEC E 57.51 FT, S 90DEG 00MIN 00SEC W 218 FT TO E'LY R/W LINE OF SR 33, NW'LY ALONG SAID R/W TO PT A ORB 5749 PG 1987

Listing courtesy of ELITE INVESTORS REALTY LLC. 407-992-8330

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