Homes for sale - 16 S GRANDVIEW AVE, Daytona Beach, FL 32118

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Derek Ratliff

derek.ratliff@riserealtyadvisors.com +1(386) 438-9355

$ 499,999

Est. payment | -/mo

2,972 SqFt

Save Virtual Tour

$ 499,999

Est. payment | -/mo

Save Virtual Tour

2,972 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,972 sqft

Price per Sqft $168

Subdivision Rogers Seabreeze

MLS Listing ID NS1081584

HOA Y/N No

Originating Board Stellar MLS

Year Built 1910

Annual Tax Amount $4,278

Lot Size 4,791 Sqft

Acres 0.11

Property Description

HUGE OPPORTUNITY TO MAKE A KILLING! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash cow. 6 Beds 8 Baths. INCOME AT 3,225.00+ PER MONTH EVEN WITH 2 UNITS OWNER OCCUPIED. OPPORTUNITY TO DOUBLE RENTS IMMEDIATELY. Walking distance to the Main Street Pier and Beach Access. With 100 occupancy rate (2 Units are owner occupied) this property is producing a NOI of 24,800.00 per year with plenty of room for easy increases. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Unit is on One Electric Meter. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. Monthly leases are in place for maximum flexibility for the new owner to do any wanted renovations. However tenants are in place now for instant return on investment.This is the multi family property you've been waiting to acquire to your investment portfolio! 70K Per Door. Call today to inquire more information.

Location

State FL

County Volusia

Community Rogers Seabreeze

Zoning 02BR1

Interior

Cooling Wall/Window Unit(s)

Exterior

Parking Features Parking Spaces - 1 to 5

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Wood Frame,Wood Siding

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Listed by LPT REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(386) 438-9355

derek.ratliff@riserealtyadvisors.com

10752 Deerwood Park Blvd South Waterview II, Suite 100 , JACKSONVILLE, Florida, 32256, USA

16 S GRANDVIEW AVE Daytona Beach, FL 32118