644 N Donnelly Street, Mount Dora, FL 32757

51 Photos
 
$1,163,000 List Price
Off Market
 
Listing ID 11126141
Property Type Multi-Unit
County Lake
Neighborhood 32757 - Mount Dora
Total Tax $7,795
Tax ID 29-19-27-0010-050-00006
FEMA Flood Map fema.gov/portal
Year Built 1913
Virtual Tour
11% CAP RATE! A definite CASH GENERATOR! A fantastic opportunity! The captivating, whimsical and well-established "Heirloom Inn" is located in the HEART OF 'HISTORIC' DOWNTOWN MOUNT DORA, amidst all of the hustle and bustle of this booming city. The Heirloom Inn has 6 rooms to offer guests, each unique, and designed to accommodate 2 to 6 occupants. 2 units have eat-in kitchens and 4 have breakfast bars complete with mini-refrigerators, microwaves, and coffee makers, all with closet space, private entrances, and bathrooms. Unit #6 could serve as a small apartment for a live-in manager/ owner if so desired. In addition to the eat-in kitchen, it offers a comfortable living room and a bedroom with a king bed. There are 5 covered parking spaces and a lovely outdoor area for sitting. NO on-site management is required as room reservations are all automated via the on-line reservation system. Guests gain entry once the locks have been remotely programmed for their stay. The Inn underwent a complete renovation in 2020 giving it a modern-day appeal. Since then, some of the A/C units have been replaced, some of the floors have been updated along with the replacement of the a few of the smaller appliances. Your guests will be within steps of the main hub of Mount Dora with tons of excitement, shopping, and eateries, not to mention access to Lake Dora, the Mount Dora Masonic Lodge formerly known as The Donnelly House, Mount Dora Center for the Arts and Donnelly Park! There are many celebrations and festivals that take place at a variety of times throughout the year where the Inn will be booked solid! This is a turn-key business opportunity that you should not pass up! All the furnishings, linens, appliances, and everything it takes to run this business like a top is included! Watch the 'Virtual Tour' for a fantastic overview of what this property is all about!
Property Details
  • 13 Total Bedrooms
  • 2408 SF
  • 0.19 Acres
  • 8100 SF Lot
  • Built in 1913
  • 6 Units
  • Tenant Occupancy
  • Crawl Basement
  • Building Area Source: Public Records
  • Building Total SqFt: 2836
  • Levels: Two
  • Sq Ft Source: Public Records
  • Lot Size Dimensions: 60x135
  • Lot Size Square Meters: 753
  • Total Acreage: 0 to less than 1/4
  • Zoning: C-2
Interior Features
  • Oven/Range
  • Refrigerator
  • Microwave
  • Washer
  • Dryer
  • Appliance Hot Water Heater
  • Ceramic Tile Flooring
  • Kitchen
  • Laundry
  • 1 Fireplace
  • Fire Sprinklers
  • Other Heat Type
  • Other Appliances: bar fridge
  • Cooling Details: mini-split unit(s)
  • Fireplace Features: Decorative
  • Flooring: wood
  • Additional Rooms: storage rooms
  • Living Area Meters: 223.71
  • Window Features: Blinds, Drapes, Rods
  • Interior Features: ceiling fans(s), coffered ceiling(s), crown molding, thermostat, window treatments
Exterior Features
  • Frame Construction
  • Wood Siding
  • Metal Roof
  • Community Water
  • Municipal Sewer
  • Patio
  • Subdivision: Mount Dora
  • Carport
  • City View
  • Carport Spaces: 5
  • Parking Features: covered, curb parking
  • Patio and Porch Features: covered
  • Road Surface: Asphalt
  • Exterior Features: irrigation system, lighting, rain gutters, sidewalk
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Community Details
  • Community Features: park
Taxes and Fees
  • $7,795 Total Tax
  • Tax Year 2021
Previously Listed By
Re/max Premier Realty
Office: 352-446-4553
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