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1202 Ridgewood Avenue

Holly Hill, FL 32117
  • $420,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 1091432
$420,000
  • 7
    BEDS
  • 0
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,848
    SQFT
  • $227
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1984
County:

School Ratings & Info

Description

Cash Cow! Great investment opportunity! 7 efficiency units, located in the heart of Holly Hill, easy access to freeway, shopping centers, and 10 minutes to the beach. 100% rented. Total monthly rent is $5,800. We have an HOA fees of $1,330 (that is $190 per unit which includes Water, Electricity, gas, internet, cable, ground keeping, insurance, exterminator).Our tenants pay between $800 to $900 per unit for rent with all utilities included. Exterior paint is being done on all buildings and the pool is being totally rebuilt. The HOA has a total of 105 units.

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© 2022 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cook Group Luxury Real Estate | Realty Pros Assured. Data last updated: 2022-01-21T00:26:08.85.
www.cookgroupdaytona.com/homes/124057970
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1202 Ridgewood Avenue Holly Hill, FL 32117

  • Price: $420,000
  • Status: Active
  • On Site: 36 Days
  • MLS #: 1091432
7
Beds
0
Baths
0
½ Baths
0
Acres
1,848
SQFT
$227
$/SQFT
1984
Built
Neighborhood:
Not In Subdivision
County:
Volusia
Area:
LPGA to Granada, E of Nova
Property Description
Cash Cow! Great investment opportunity! 7 efficiency units, located in the heart of Holly Hill, easy access to freeway, shopping centers, and 10 minutes to the beach. 100% rented. Total monthly rent is $5,800. We have an HOA fees of $1,330 (that is $190 per unit which includes Water, Electricity, gas, internet, cable, ground keeping, insurance, exterminator).Our tenants pay between $800 to $900 per unit for rent with all utilities included. Exterior paint is being done on all buildings and the pool is being totally rebuilt. The HOA has a total of 105 units.
Exterior Features

Building Type Apartment Building Construction Concrete Block Outside Curb/Sidewalks Parking Off StreetParking Lot Pool Inground Community Roof Built-Up Waterfront None

Interior Features

Air Conditioning Wall/Window Units Appliances MicrowaveRangeRefrigerator Heating Wall/Window Units Inside Smoke DetectorSprinkler System Sq Ft Total 1848.00

Property Features

Annual NOI 39480.00 Franchise Opt In No Gross Monthly Rent 5800.00 Homestead Exempt No Maint Fee 1330.00 Maint Fee Paid Monthly Owner Pays Cable TvElectricExterminatorGasHot WaterLawn CareReal Estate TaxesTrash RemovalWater Property Name 1202 Ridgewood Ave Sewer Public Sewer Special Conditions None Sq Ft Source Property Appraiser Style 5+ Units Tax Year 2020 Taxes 2100.00 Utilities On Site Circuit BreakerNatural Gas Water City

Listing courtesy of Rodolphe Charles Brun of 3 Dot Realty, Llc.


© 2022 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cook Group Luxury Real Estate | Realty Pros Assured. Data last updated: 2022-01-21T00:26:08.85.
 
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