UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,792 sqft
Price per Sqft $131
Subdivision Spring Lake Sec 01
MLS Listing ID L4961909
Bedrooms 8
HOA Y/N No
Year Built 1983
Annual Tax Amount $5,133
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 115x190
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
All four spacious 2BR/2BA units offer approximately 949 SF and are currently rented at $1,100–$1,150 per month, presenting future upside potential through rent adjustments while remaining competitive within the local market. The property has seen extensive capital improvements, including a new roof installed in 2018, updated HVAC systems in all four units, and updated water heaters throughout the property. HVAC replacements include units 6213, 6215, and 6217 in 2021, with unit 6219 replaced in 2018. Water heater replacements include unit 6219 in 2019, unit 6217 in 2021, unit 6215 in 2022, and unit 6213 in 2024.
Turnkey condition allows investors to generate immediate income while maintaining long-term flexibility for future improvements. Additional potential opportunities may include cosmetic interior upgrades and continued rental growth over time. Conveniently located near recreational amenities, golf, shopping, dining, and major transportation corridors, this property offers a strong combination of occupancy, location, and long-term investment potential in the Sebring market. Proof of funds or prequalification required prior to showings.
Location
State FL
County Highlands
Community Spring Lake Sec 01
Area 33876 - Sebring
Zoning R3
Interior
Interior Features Ninguno
Heating Electric
Cooling Central Air
Fireplace false
Laundry Inside
Exterior
Exterior Feature None
Utilities Available Electricity Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/L4961909
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