906 S Florida Avenue #a & B

DELAND, FL 32720

About this property

Come check out this turn-key CASH COW! This sturdy, Block Duplex sits on a double lot that is zoned commercial/B-4, allowing this investment to have multiple strategies, with one being redeveloping, or building another structure on the other lot. It currently has 2 units with potential for a 3rd. The upstairs unit is a 3/1 and occupies the entire top floor, currently rented for $950/mo. The second unit is a 2/1 apartment located in the walkout basement and is currently vacant, but has rented in the past for $700/mo. There is a 3rd electric meter for a potential 3rd tenant/RV parking ($400-$500/mo.) that the future owner could add. VALUE ADD! Duplex also features a sturdy METAL ROOF! 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 brand new Walmart Neighborhood Market. Current tenants are happy and would like to stay. Set up an appointment now and take advantage of today's super low interest rates! PLEASE DO NOT DISTURB TENANTS!

Date Added
September 7, 2020
Listing Status
Active
Days On Site
15
MLS#
O5890665

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
Sub-Type
Resale
Year
1960
Garage
0
Pool
No
Story(s)
Property View
No
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$189,900 Active
0 Beds
0 Full Baths
2,216 SQFT

Presented By Coldwell Banker Coast Realty

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Get in touch today! Phone: (877) 748-7355
Brokerage
Port Orange
(386) 275-1000
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Area Information

32720 - Deland | Volusia County |

$ 189,900
This listing is play_arrow 24.3% higher than the average in the area
$ 152,750 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
15 days on site
This listing is play_arrow 98.0% below the average in the area
738 days on site in the area

Schools in the Area

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    Elementary School
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