$550,000
$550,000
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17 Beds
3,446 SqFt
SOLD DATE : 12/22/2023
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,446 sqft
Price per Sqft $159
Subdivision Daytona Gardens
MLS Listing ID 1106573
Sold Date 12/22/23
Bedrooms 17
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1967
Property Description
Unique property currently being used as a boarding house. Tenants pay monthly but are not under a lease. There are 16 regular rooms and a 2 room unit that has been used as manager quarters in the past. Also has 4 shared bathrooms, a kitchen, sitting room and coin laundry. Property is easy to fill and cash flows nicely with an amazing 12% cap rate at asking price!
Location
State FL
County Volusia
Community Daytona Gardens
Direction From ISB go South on Nova. Turn left on Orange and proceed to Haynes Ave. Building is on the Northwest corner.
Interior
Cooling Wall/Window Unit(s)
Exterior
Parking Features Parking Lot
Roof Type Shingle
Building
Lot Description Corner Lot
Water Public
Structure Type Block,Concrete
Others
Senior Community No
Tax ID 523906280220
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