DELAND, FL 32720

About this property

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.

Date Added
September 22, 2020
Listing Status
Active
Days On Site
33
MLS#
V4915634

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
IQWeb_
Sub-Type
Resale
Year
1941
Garage
0
Pool
No
Story(s)
Property View
No
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$1,649,000 Active
0 Beds
0
Baths
10,764 SQFT

Presented By Coldwell Banker Coast Realty

Port Orange PM

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Area Information

32720 - Deland | Volusia County |

$ 1,649,000
This listing is play_arrow 592.9% higher than the average in the area
$ 238,000 in the area
10,764 SqFt
This listing is play_arrow 445.3% larger than the average in the area
1,974 SqFt in the area
$ 153 $/SqFt
This listing is play_arrow 27.1% more than the average in the area
$ 121 $/SqFt in the area
33 days on site
This listing is play_arrow 46.8% below the average in the area
62 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School

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