16 S GRANDVIEW AVE, Daytona Beach, FL 32118

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Amerivest Pro-Team

yourhome@amerivest.realestate

$ 499,999

Est. payment | -/mo

2,972 SqFt

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$ 499,999

Est. payment | -/mo

Save Virtual Tour

2,972 SqFt

Key Details

Property Type Multi-Family, Commercial

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

Construction Status Completed

HOA Y/N No

Year Built 1910

Annual Tax Amount $4,278

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Multi-Family

Source Stellar MLS

Property Description

CASH COW OPPORTUNITY! 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 flowing machine. 6 Beds 8 Baths. INCOME AT 3,225.00+ PER MONTH EVEN WITH 2 UNITS OWNER OCCUPIED. AND AN OPPORTUNITY TO DOUBLE RENTS IMMEDIATELY. Walking distance to the Main Street Pier and Beach Access. This property is producing a NOI of 24,800.00 per year with plenty of room for easy increases rents have not been increased in years. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and (3) Three 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. House is on ONE SINGLE METER. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. 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. No leases are in place to allow for new buyer to do renovations and increase rents quickly. 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! Call today to inquire more information.

Location

State FL

County Volusia

Community Rogers Seabreeze

Area 32118 - Daytona Beach/Holly Hill

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

Construction Status Completed

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1081584

Listed by LPT REALTY

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