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Great New Price! Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.
| DAYS ON MARKET | 223 | LAST UPDATED | 9/14/2024 |
|---|---|---|---|
| TRACT | LIBERIA ADD ORMOND FLA | YEAR BUILT | 1960 |
| COMMUNITY | 32174 - Ormond Beach | COUNTY | Volusia |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Pine Trail Elem |
|---|---|
| Jr. High School | Ormond Beach Middle |
| High School | Seabreeze High School |
| PRICE HISTORY | |
| Prior to Jun 27, '24 | $639,900 |
|---|---|
| Jun 27, '24 - Sep 14, '24 | $599,000 |
| Sep 14, '24 - Today | $550,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32174 - Ormond Beach |
| CONSTRUCTION | Concrete |
| HEAT | Central |
| INTERIOR | Crown Molding |
| LOT | 6534 sq ft |
| LOT DIMENSIONS | 60x110 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | LIBERIA ADD ORMOND FLA |
| TAXES | 5663.72 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Colleen Calnan, CALNAN REAL ESTATE, 386-675-1137
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 3:53 PM PST.
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