Description
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.
Address
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Address: 454 LAKEPORT COVE
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City: Casselberry
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State/county: FL
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Zip/Postal Code: 32707
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Country: US
Details
Atualizado em março 31, 2026 no 2:42 pm-
Property ID O6393398
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Price $695,000
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Land Area 0.85 m²
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Bedrooms 8
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Bathrooms 5
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Garage Size x x
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Year Built 1948
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Property Type Quadruplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional
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Roof Shingle
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Utilities Cable Available,Water Connected
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Sewer Public Sewer,Other
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Cooling Central Air
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Heating Central
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County Seminole
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Property Type Residential Income
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Elementary School Casselberry Elementary
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Middle School Milwee Middle
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High School Winter Springs High
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