318 S CLAKE STREET, Deland, FL, 32720
4 beds
1941
2,221 sqft
Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3-unit gem sits on 2 lots with 3 tenants already in place—Prime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income-producing asset in the heart of DeLand. This multi-unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as-is,' this is a rare chance to acquire a high-return property in a sought-after Historic District with built-in demand, or live in the home & have a built-in income stream. Do not disturb tenants; the agent/owner is the landlord. 24-hour notice to show.
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Common Area, In Kitchen
Units:
3
Subdivision:
CLAKES BLK 14 HOWRYS ADD DELAND
Heating:
Central
Cooling:
Central Air, Mini-Split Unit(s)
Energy Features:
Appliances, Insulation, Lighting
Acreage:
0.34
Est. Taxes:
$4,604
Construction
Block, Cedar, Wood Frame
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Street Lights, Water Connected
Elementary School:
Blue Lake Elem
Middle School:
Deland Middle
High School:
Deland High
Days on Market:
22
MLS #:
V4947850
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of CENTURY 21 SUNDANCE REALTY 386-756-6800