274 Laws LANE, Ormond Beach, FL, 32174
0 beds
1960
1,708 sqft
Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.
Status:
Active
Type:
Multi-family
Furnished Remarks:
Furnished
Laundry Remarks:
Common Area
Units:
3
Subdivision:
LIBERIA ADD ORMOND FLA
Garage:
Off Street
Heating:
Central
Cooling:
Wall/Window Unit(s)
Lot Size:
60 x 110
Acreage:
0.15
Est. Taxes:
$5,664
Construction
Concrete
Utilities
Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Elementary School:
Pine Trail Elem
Middle School:
Ormond Beach Middle
High School:
Seabreeze High School
Days on Market:
1
MLS #:
V4935709
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of CALNAN REAL ESTATE Phone: 386-675-1137