451 Hickory St., New Smyrna Beach, FL 32168
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$170,000
Sold on 1/25/19
Beds Baths Sq. Ft. Taxes Built
0.00 2,268 $2,403 1945
On the market: 172 days
View full details, 15 photos, school info, and price history
Investors ALERT! Recently renovated and ready for the finishing touches, with remodeled kitchens, bathrooms, and living rooms. This triplex would generate a massive 16% return on investment based on market rents for the area! The options with this property are endless, the lot is sub-dividable meaning you can build an additional building behind the existing structure to generate a higher return. And being a property with less than 4 units, an owner occupant can purchase this property with as little as 3.5% down, live in it for a year, rent out the other two units, and cover the mortgage while living for free! Located off of busy US1 and less than 5 minutes from the beach, you won't find much trouble leasing the property, you also have the option of utilizing our property management services where we average less than 20 days to lease properties, record time! The options with this property are limitless, don't wait out on this deal, with property prices quickly rising in Volusia county, you won't be able to find a deal generating this kind of return for much longer. Call us today for a showing!