Address: |
view address DAYTONA BEACH, FL 32117 Map Location |
Features: | Air Conditioning, Furnished, Pets |
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Bedrooms: | 14 | Bathrooms: | 7 |
Square Feet: | 4,801 sq.ft. | Lot Size: | 12810.0 |
Year Built: | 1955 | Property Type: | Multi Family |
Neighborhood: | HOPKINS FITCH GRANT | County: | Volusia |
List Date: | 2024-05-03 | Listing Number: | O6202329 |
Listing Office: | 407-777-2477 | Virtual Tour: | Click Here |
Fantastic turkey investment property package of 3 properties, within 5 minutes of each other, 100% occupied with 16 tenants producing $14,077.00 gross monthly income listed at an 8.5% cap rate based on actual 2023 financials. An unheard of 9% cap rate based on 2024 financials so far this year. You may have heard the term house hack or PadSplit, these are fully furnished rentals, rented out individually by the room. All furnishings are included in the sale, and 45 days of management training included. The current owners have been doing this business model since 2011. It�s 100% turnkey, tenants are all on month by month leases for flexibility, however on average most tenants stay 12-18 months, some even longer All of the properties are in great shape and have no deferred maintenance. Properties included in the sale: Property #1: 6 bedroom 2 bath house, Property #2: 4 bedroom 1 bath house and detached studio apartment with full kitchen and bath. Property #3: 4 bedroom 2 bath house and attached studio apartment with full kitchen and bath. Full financials, property list, and additional details with signed non-disclosure agreements. A licensed Florida Real Estate Agent owns legal interest in the property.
Appliances: | Dryer, Exhaust Fan, Electric Water Heater, Range, Refrigerator, Microwave, Dishwasher, Washer |
Flooring: | Carpet, Tile | Laundry Features: | Common Area |
Laundry: | Yes | Window Features: | Insulated Windows, Window Treatments, Window Coverings, Double Pane Windows, Blinds, Aluminum Frames |
Interior Features: | Stone Counters |
Basement features: | Crawl Space |
Cooling features: | Wall/Window Unit(s), Central Air | Heating features: | Exhaust Fan, Electric |
Heating: | Yes |
Lot features: | Corner Lot, Paved, Level | Construction Materials: | Block, Stucco |
Foundation details: | Slab | Roof: | Metal, Shingle |
Exterior features: | Lighting | Patio and Porch features: | Patio |
Security Features: | Security Lights |
Sewer: | Public Sewer |
Annual Tax: | 2293.95 |
Year Built: | 1955 |
Lot Dimensions: | 12810.0 |
Building Area total: | 6086.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.