906 S Florida Avenue #a & B

DELAND, FL 32720

About this property

PRICE DROPPED! 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
46
MLS#
O5890665

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
IQWeb_
Sub-Type
Resale
Year
1960
Garage
0
Pool
No
Story(s)
Property View
No
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$184,900 Active
0 Beds
0
Baths
2,192 SQFT

Presented By Coldwell Banker Coast Realty

Port Orange PM

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(386) 385-7767
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Area Information

32720 - Deland | Volusia County |

$ 184,900
This listing is play_arrow 21.5% lower than the average in the area
$ 235,555 in the area
2,192 SqFt
This listing is play_arrow 11.4% larger than the average in the area
1,967 SqFt in the area
$ 84 $/SqFt
This listing is play_arrow 29.6% less than the average in the area
$ 120 $/SqFt in the area
46 days on site
This listing is play_arrow 50.3% below the average in the area
93 days on site in the area

Schools in the Area

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    Elementary School
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    High School

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