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One or more photo(s) has been virtually staged. PRIME LOCATION & TWO DWELLINGS! Prime investment opportunity at 429 W Wisconsin Ave., DeLand, FL, 32720. This versatile property offers TWO INCOME-PRODUCING DWELLINGS on one lot, making it a standout asset for investors. With its prime location NEAR STETSON UNIVERSITY AND HISTORIC DOWNTOWN DELAND, this property is ideal for maximizing rental income from short- and long-term tenants. The main house features three bedrooms and two baths, with 1,328 heated square feet. Recent upgrades including fresh paint, luxury vinyl plank flooring, granite countertops and new stainless steel appliances make it move-in ready for tenants. Essential updates like the 2012 roof, newer HVAC systems in 2018 front, in 2021 back, and new water heaters in 2023 front, in 2021 back minimize maintenance costs and ensure long-term stability. The detached one-bedroom, one-bath apartment over the garage adds an additional 480 square feet of rentable space, complete with its washer and dryer, offering extra income potential. With *SEPARATE ELECTRICITY METERS* for each unit, the financial appeal is clear. The property also features a 480-square-foot garage and storage area, an active termite bond, and no carpeting for easier tenant turnover and maintenance. This property's location, low-maintenance design and rental potential make it a smart addition to any investor's portfolio. The current owner was receiving $2,000 for the 3/2 and $1,100 for the 1/1 from their most recent tenants. Don't miss this chance to capitalize on a highly desirable investment in DeLand.
| DAYS ON MARKET | 37 | LAST UPDATED | 10/24/2024 |
|---|---|---|---|
| TRACT | OSTEENS BLK 120 S RR DELAND | YEAR BUILT | 1925 |
| COMMUNITY | 32720 - Deland | GARAGE SPACES | 2.0 |
| COUNTY | Volusia | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Oct 2, '24 | $375,000 |
|---|---|
| Oct 2, '24 - Oct 24, '24 | $374,900 |
| Oct 24, '24 - Today | $369,900 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer |
| AREA | 32720 - Deland |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Lighting, Storage |
| GARAGE | Yes |
| HEAT | Central, Electric |
| INTERIOR | High Ceilings, Stone Counters, Walk-In Closet(s) |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 32x142 |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | OSTEENS BLK 120 S RR DELAND |
| TAXES | 3464.94 |
| UTILITIES | Cable Available, Electricity Connected, Sewer Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jonathan Ruiz, KELLER WILLIAMS WINTER PARK, 407-545-6430
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/5/24 2:54 PM PST.
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