Description

Portfolio of Seven (7) income producing properties consisting of Six (6) single-family homes and one (1) 5-plex multifamily property. Also included are Two (2) vacant building lots, each adjacent to one of the single-family homes. All of the units are fully leased and are located in highly desirable areas of DeLand in close proximity to our award-winning downtown and Stetson University. All properties stay consistently rented and have steady rent growth due to fantastic locations. Properties have all been updated as needed with many having received recent roofs and other upgrades. The current rent roll is $12,500 per month or $150,000 per year. Two units are month-to-month and rents are due for an increase to market rates.

Details

MLS#V4915634
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1941
Days On Site38

Features

SQ Feet10,764

Market Activity 32720

Loading Form
Loading Form
Area Information
StateFL
CountyVolusia
CityDELAND
Zip Code32720
Area32720 - Deland
Listing VS Median (in 32720)
Price:
$1,649,000
low | high
Med:
$239,325
100% of Average
SqFt:
10,764
low | high
Med:
1,661
100% of Average
$ / SqFt:
$153
low | high
Med:
$146
54.647054082483% of Average
On Site:
38
low | high
Med:
65
58.461538461538% of Average
Listing Updated: 10/29/2020
Solomon Greene LogoMLS Number: V4915634
Listing Provided By:
Solomon Greene  of  GREENE REALTY OF FLORIDA LLC

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Real Estate Links Our Domains