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A remarkable opportunity to own this stunning piece of history in the beautiful historical city of Mount Dora, just a couple of miles from Down Town, close to all the restaurants, antique shops and festivities. Imagine owning this income producing property with tenants already in place and providing immediate income. This charming property offers 6 units, all with their own kitchen and bathroom. The roof and windows were replaced in 2021, all bathrooms and kitchens have been updated, painted, newer appliances and a small laundry area and attractive deck and garden area. The parking area was also resurfaced, allowing plenty of parking for all the tennats. This would also make a ideal Air B & B property, perfectly positioned for all the many tourists that visit Mount Dora each year. Gross income of $88,800 a year ( before expenses ) 7 % + Cap Rate. Unit 1: 2 Bed/1 Bath $1,375 Unit 2: 2 Bed/1 Bath $1,375 Unit 3: 2 Bed/1 Bath $1250 Unit 4: 2 Bed/1 Bath $1,300 Unit 5: 1 Bed/1 Bath $1,000 Unit 6: 1 Bed/1 Bath VACANT

Property Details of 7306 Earlwood Avenue

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Listed by Sarah Gholami of THE FLORIDA PROPERTY SHOP SALE (352-346-7857)

Mount Dora, FL Demographics

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Mount Dora, FL Schools

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Based on information submitted to StellarMLS as of May 20, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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