801 S Ridgewood Ave., Daytona Beach, FL 32114

801 S Ridgewood Ave., Daytona Beach, FL 32114
Photo 1 of 1
$462,500
Sold on 8/07/24
Beds Baths Sq. Ft. Taxes Built
8 4.00 2,866 $6,719 1945
On the market: 131 days
View full details, 15 photos, school info, and price history
Nestled in the heart of vibrant Daytona Beach, this four-unit investment property presents a golden opportunity for discerning investors. BONUS: Zoning allows for short-term rentals! Either long term or short term rentals, his property offers versatility and the potential for lucrative returns. With a total of 8 bedrooms and 4 bathrooms spread across its 4 units, there's ample space to accommodate tenants and guests comfortably. Recent renovations include the replacement of all windows, while select units feature stunning hardwood floors, enhancing both aesthetics, insurance rates and durability. Generating strong rental income and boasting impressive cash flow, these units are in high demand, capitalizing on their proximity to the beach and downtown. This house has natural gas hookups and ample parking. Pro formas available upon request. Each unit commands a rental income of $1,200 per month, with significant upside potential for further growth. Offering the opportunity to live in one unit while allowing the others to cover expenses, this property presents an enticing proposition for owner-occupiers and investors alike. Showings are available by appointment through the listing agent. **This is part of a package deal (can be single purchase or in package) with 2 more 4 plex units in the same area.** Don't miss out on this rare chance to own a slice of Daytona Beach's thriving real estate market – seize the opportunity today! TENANT OCCUPIED, DO NOT DISTURB PLEASE. Call for appointment.
Listing courtesy of Joshua Gorsuch, REAL BROKER, LLC