New Listing - 05/20/2024
16 S Grandview AVENUE, Daytona Beach, FL, 32118
1910
2,972 sqft
HUGE OPPORTUNITY! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 7 unit Multi-Family property that could be your next cash cow. Walking distance to the Main Street Pier and Beach Access. With a 70% occupancy rate this property is still producing a NOI of $22,0000 per year with plenty of room for easy increases. This prime piece of investment property offers Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. Monthly leases are in place for maximum flexibility for the new owner to do any wanted renovations. However tenants are in place now for instant return on investment.This is the multi family property you've been waiting to acquire to your investment portfolio! 70K Per Door. Call today to inquire more information.
Status:
Active
Type:
Commercial
Complex:
ROGERS SEABREEZE
Garage:
1 to 5 Spaces
Cooling:
Wall/Window Unit(s)
Acreage:
0.11
Est. Taxes:
$4,278
Construction
Wood Frame, Wood Siding
Days on Market:
1
MLS #:
NS1081584
Community Info
School Info
Walk Score
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Listing courtesy of LPT REALTY Phone: 877-366-2213