Photo 1 of 1
$349,000
Sold on 9/22/05
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
9 |
9.00 |
0 |
|
1955 |
On the market:
519 days
|
View full details, 15 photos, school info, and price history
VERY LITTLE LABOR INVOLVED. OWNERS` COTTAGE IS NICELY FINISHED AND FURNISHED. LOTS OF LAND C LOSE TO TOWN. NEWER AC IN MAIN BUILDING. 7 UNITS ARE STUDIOS, ONE 1/1 AND OWNERS`HOUSE. ACTUALLY IN COUNTY AREA AND ON SEPTIC. THIS IS A MARVELOUS OPPORTUNITY TO HAVE YOUR OWN BUSINESS AND HAVE ALL YOUR LIVING BILLS PAID AND MAKE APPOX $60,000 PER YEAR AND WATCH YOUR REAL ESTATE APPRECIATE. THIS 8 UNIT MOTEL, ON WEST CANAL IS JUST A FEW BLOCKS FROM BOTH US #1 AND STATE ROAD 44, CALLED MOTEL 44. THE PROPERTY HAS BEEN KEPT UP QUITE WELL AND STAYS APPROX 99% OCCUPIED. TENANTS RENT BY NIGHT OR WEEK. TOTAL WATER, ELECTRIC, CABLE, INSURANCE, GARBAGE,COMES TO $10,100 PER YEAR FOR ALL 9 UNITS.
Listing courtesy of Susan Hounsom, BEACHSIDE REALTY OF VOLUSIA