16 S GRANDVIEW AVE Active Save Request In-Person Tour Request Virtual Tour
Daytona Beach,FL 32118
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,972 sqft
Price per Sqft $168
Subdivision Rogers Seabreeze
MLS Listing ID NS1081584
HOA Y/N No
Originating Board Stellar MLS
Year Built 1910
Annual Tax Amount $4,278
Lot Size 4,791 Sqft
Acres 0.11
Property Description
CASH COW OPPORTUNITY! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash flowing machine. 6 Beds 8 Baths. INCOME AT 3,225.00+ PER MONTH EVEN WITH 2 UNITS OWNER OCCUPIED. AND AN OPPORTUNITY TO DOUBLE RENTS IMMEDIATELY. Walking distance to the Main Street Pier and Beach Access. This property is producing a NOI of 24,800.00 per year with plenty of room for easy increases rents have not been increased in years. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and (3) Three Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. House is on ONE SINGLE METER. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. No leases are in place to allow for new buyer to do renovations and increase rents quickly. However tenants are in place now for instant return on investment. This is the multi family property you've been waiting to acquire to your investment portfolio! Call today to inquire more information.
Location
State FL
County Volusia
Community Rogers Seabreeze
Zoning 02BR1
Interior
Cooling Wall/Window Unit(s)
Exterior
Parking Features Parking Spaces - 1 to 5
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Wood Frame,Wood Siding
New Construction false
Others
Ownership Sole Proprietor
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition None