This property offers a remarkable approximate 14% annual ROI. Currently operating as a residential income duplex, it is also grandfathered for commercial use. The front unit features 2 bedrooms, 1 bath, and an open kitchen/living area, while the back unit includes 1 bedroom, 1 bath, a spacious living area, and a kitchen. One unit is currently rented, with the second unit recently vacated. Combined, the units generate a gross monthly income of $2,000, or $24,000 annually. Both units have been recently renovated, with upgrades to the HVAC, roof, flooring, water heater, walls, doors, and fixtures. The property offers two separate driveways for parking on the east side, along with a large parking area on the west side, accessible via Edwards Street. With its commercial zoning, this property offers flexible opportunities for various uses, such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial establishment. Don't miss this exceptional investment opportunity!
DAYS ON MARKET
|
2
|
LAST UPDATED
|
11/21/2024
|
TRACT
|
FRST PARK
|
YEAR BUILT
|
1950
|
COMMUNITY
|
32114 - Daytona Beach
|
COUNTY
|
Volusia
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
AIR |
Central Air, Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
APPLIANCES |
Range, Refrigerator |
AREA |
32114 - Daytona Beach |
CONSTRUCTION |
Concrete |
EXTERIOR |
Garden |
FIREPLACE |
Yes |
HEAT |
Central |
INTERIOR |
Other |
LOT |
0.4 acre(s) |
SEWER |
Public Sewer |
STORIES |
Split/Multi Level |
SUBDIVISION |
FRST PARK |
TAXES |
1684 |
WATER |
Public |
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Listing provided by Simon Diaz, EXP REALTY LLC, 407-476-4127
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 11/23/24 4:30 AM PST.
This IDX solution is (c) Diverse Solutions 2024.
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