$2,500,000

$1656/sq ft

$500,000
Price Decreased

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Overview

Bedroom

24

Year Built

1959

Sqft

1510

Property Type

Multi Family

Property Description

Prime Income-Producing Property – 6 Duplexes + Common Area + Warehouse Exceptional investment opportunity featuring six mostly occupied duplexes, a versatile common area, and a spacious warehouse, all situated on a well-maintained parcel in a high-demand rental market. This turnkey multi-family asset offers 10 total rental units, each with private entrances, updated interiors, and separate utility meters—perfect for maximizing rental income and minimizing operational costs. There is also another 2 units under construction to be completed by buyer for a total of 12 units. The common area provides added value for tenants, ideal for shared gatherings, recreational use, or future amenity development. The warehouse (currently vacant) presents multiple revenue possibilities, including storage rental, workshop space, or small business use. Key Features: 6 Duplex Buildings (12 Units Total) Separate meters & ample parking Steady rental history with strong cash flow Common Area for tenant enjoyment or value-add improvements Warehouse with flexible use potential Zoned for multi-family Strong Cap Rate & Upside Potential Whether you're a seasoned investor looking to expand your portfolio or seeking a residential asset, this property offers immediate income and long-term growth

Property Details

MLS#

O6322976

Address

231 CONCORD

City

CASSELBERRY

State/county

FL

Zip/Postal Code

32707

Area

Fern Park Estates

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$17,203

Maint Fee

$--

Tax Year

2025

Dishwasher

Disposal

Range

Range Hood

Refrigerator

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Boris Gelfand