$499,999
16 S GRANDVIEW AVE Daytona Beach, FL 32118
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$499,999
Est. payment /mo
2,972 SqFt
Exclusive Listing
Active
16 S GRANDVIEW AVE Daytona Beach, FL 32118
UPDATED:
11/17/2024 05:46 PM
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
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by LPT REALTY
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