Photo 1 of 1
$500,000
Sold on 5/29/15
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
7,200 |
$4,333 |
1955 |
On the market:
407 days
|
View full details, 15 photos, school info, and price history
Immediate Income Opportunity! Three structures on a fabulously located corner parcel in the Garden District. There is a total of 12 Units Located on the corner of S.Alabama and E. Voorhis this multifamily property is 1 mile from Stetson University, Historic Downtown DeLand, the Spec Martin Stadium and Earl Brown Park. The main building has 7 - 1bed/1bath apartments and a studio. There is a Tri-plex with 2bed/1bath units which rent for $900. The 3rd structure is a 2bed/1 bath house that rents for $1000-1200 and could be converted to a 1bed/1bath with an office. Renovated/Refurbished and Rehabbed throughout. New Plumbing, Electric, A/C, double pane gas windows, Insulation, drywall and Refurbished roofs. All new kitchens, bathrooms and floors. Everything has been brought to code (added additional stairway exits etc) and is handicap accessible. Amenities provided to tenants include on site parking, included utilities, barbecue Tiki area and a courtesy laundry room, which could be changed to coin laundry for additional income. The units rent very quickly and demand is only expected to increase as Stetson University expands its student body!
Listing courtesy of Isabel Ward, KELLER WILLIAMS ADVANTAGE 2 RE