906 S Florida Ave., DeLand, FL 32720

HUGE PRICE REDUCTION. Searching for rental property with positive cash flow?  You’ve found it.  Nestled under giant oak trees, this property is zoned commercial/B-4 .  It currently has 2 rented units with potential for a 3rd.  The upstairs unit is a 3/1 and occupies the entire top floor.  Owner says this unit is currently rented for $900/mo.  The second unit is a 2/1 apartment located in the walkout basement and is currently rented for $600/mo.  The property sits on a double lot, allowing plenty of parking for tenants.  There is a 3rd electric meter for a potential 3rd tenant/RV parking ($400/mo.).  Property backs up to a retention pond, so you will never have any “backyard” neighbors.  Located just a few miles south of Downtown Deland, close to the bus lines. It is a short walk to the soon-to-completed Walmart Neighborhood Market. Earl Brown Park and Sanborn Center are a few short blocks away. This property has great potential but needs some TLC.