Price Reduced 16.67%

$2,500,000 ($1,655.63 per sqft)

Pending

Est. Mortgage $11,991/mo *

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Price History

$3,000,000
7/4/2025

$2,750,000
8/12/2025

$2,500,000
9/14/2025

231 CONCORD, Casselberry, FL, 32707

231 CONCORD, Casselberry, FL, 32707
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24 beds

1959

1,510 sqft

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

Status:

Pending

Type:

Multi-family

Laundry Remarks:

Laundry Room, Outside

Units:

13

Subdivision:

FERN PARK ESTATES

Heating:

Central, Electric

Cooling:

Central Air

Acreage:

1.6

Est. Taxes:

$17,203

Construction

Block

Utilities

Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

Elementary School:

Altamonte Elementary

Middle School:

Milwee Middle

High School:

Lyman High

Days on Market:

89

Pet Policy:

Breed Restrictions, Cats OK, Dogs OK, Size Limit

Appliances:

Dishwasher, Disposal, Range, Range Hood, Refrigerator

Lease Term Type:

12 Months

Min Lease Term:

8-12 Months

MLS #:

O6322976

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of ANNE ROGERS REALTY GROUP INC 407-649-4141