This income producing machine includes 3 rental properties in very good condition just minutes from Stetson University and historic downtown Deland and currently boasts 100% OCCUPANCY!!! The 3/2, 1,292 sq.ft. bungalow currently includes a newer air conditioning system and all appliances. Each of the two 2/1, 720 sq.ft. apartments (upstairs/downstairs) have newer air conditioning systems and also include all appliances. Current owner uses property management company to maintain absentee status and avoid worries of rental management and manage income. All three units are currently occupied and have updated electrical systems in recent years. Each rental has their own electric meter and address. Washer and dryers are included with purchase. Excellent Cap Rate. All measurements are approximate and should be independently verified.

  • MLS# V4905362
  • Sub-Type Resale
  • Status Active
  • Year 1939
  • Days On Site 115
SQ Feet 2,732
Units 3
Building(s) 2
Listing Provided By:
Chuck Shaver, PA  of  WATSON REALTY CORP
3/2 bungalow side/rear view.
3/2 bungalow side/rear view.
Two apartments and the utility room with washer and dryer.
Bungalow living room.
Downstairs kitchen and living room.
Downstairs apartment living room.
Downstairs apartment living room/kitchen.
Downstairs apartment second bedroom.
Downstairs apartment bath.
Downstairs apartment common area.
Bungalow rear screened porch. Laundry facilities in closet.
Downstairs apartment master.
Upstairs apartment kitchen.
Upstairs bath.
Upstairs apartment storage room.
Upstairs main living room. Fireplace does not operate.
 
 
 
 
 
 
 
 
 
 
 
 
Downstairs apartment kitchen.
Downstairs apartment kitchen.
 
this listing $279,900
9.68%
$309,900 in 32720
this listing 2,732 SqFt
16.85%
2,338 SqFt in 32720
this listing $102 $/SqFt
22.71%
$133 $/SqFt in 32720
this listing 115 on site
92.74%
1584 on site in 32720

Location

State FL
County Volusia
City DELAND
Zip Code 32720
Area 32720 - Deland

Loading Form

Real Estate Links Our Domains