822 Forest Ln., Daytona Beach, FL 32114
Photo 1 of 30
$225,000
Beds Baths Sq. Ft. Taxes Built
3 2.00 1,216 $1,684 1950
On the market: 0 days

Est. Monthly Payment:

$1,427($1,287 + $140 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
This property offers a remarkable approximate 14% annual ROI. Currently operating as a residential income duplex, it is also grandfathered for commercial use. The front unit features 2 bedrooms, 1 bath, and an open kitchen/living area, while the back unit includes 1 bedroom, 1 bath, a spacious living area, and a kitchen. One unit is currently rented, with the second unit recently vacated. Combined, the units generate a gross monthly income of $2,000, or $24,000 annually. Both units have been recently renovated, with upgrades to the HVAC, roof, flooring, water heater, walls, doors, and fixtures. The property offers two separate driveways for parking on the east side, along with a large parking area on the west side, accessible via Edwards Street. With its commercial zoning, this property offers flexible opportunities for various uses, such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial establishment. Don't miss this exceptional investment opportunity!
Listing courtesy of Simon Diaz, EXP REALTY LLC