231 CONCORD new

Casselberry,FL 32707

$ 3000000

24 Beds

12 Baths

1510 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,510 sqft

Price per Sqft $1,986

Subdivision Fern Park Estates

MLS Listing ID O6322976

Bedrooms 24

Year Built 1959

Annual Tax Amount $17,203

Lot Size 1.600 Acres

Property Sub-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

Location

State FL

County Seminole

Community Fern Park Estates

Area 32707 - Casselberry

Zoning MULTI-FAM

Interior

Heating Central,Electric

Cooling Central Air

Flooring Ceramic Tile,Tile

Laundry Laundry Room,Outside

Exterior

Exterior Feature Dog Run,Sidewalk

Community Features Street Lights

Utilities Available Electricity Connected,Public,Sewer Connected,Water Connected

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Schools

Elementary Schools Altamonte Elementary

Middle Schools Milwee Middle

High Schools Lyman High

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6322976

View More
Favorite Go Tour