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1202 Ridgewood Avenue

Holly Hill, FL 32117
  • $2,175,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 1115101
UPDATED: 23 min ago
$2,175,000
  • 29
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,598
    SQFT
  • $286
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1984
County:

School Ratings & Info

Description

Cash Cow! Great investment opportunity! CASH ONLY! 29 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 $22,450. We have an HOA fees of $5,510 (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.

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© 2023 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: 2023-12-05T23:36:31.65.
www.cookgroupdaytona.com/homes/144433060
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1202 Ridgewood Avenue Holly Hill, FL 32117

  • Price: $2,175,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 23 min ago
  • MLS #: 1115101
29
Beds
0
Baths
0
½ Baths
0.17
Acres
7,598
SQFT
$286
$/SQFT
1984
Built
Neighborhood:
Not On The List
County:
Volusia
Area:
LPGA to Granada, E of Nova
Property Description
Cash Cow! Great investment opportunity! CASH ONLY! 29 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 $22,450. We have an HOA fees of $5,510 (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 Features

Building Type Apartment BuildingAttached Construction Concrete Block Outside Balcony/DeckingGutters Parking Parking Lot Parking Spaces 176 Pool Inground Community Roof Built-Up Waterfront None

Interior Features

Air Conditioning Multiple UnitsWall/Window Units Appliances RangeRefrigerator Heating Wall/Window Units Inside Cable TvCommon LaundrySmoke Detector Sq Ft Total 7598.00

Property Features

Annual NOI 157443.00 As Is Condition Yes Financial Package No Franchise Opt In Yes Gross Monthly Rent 22450.00 Homestead Exempt No Maint Fee 5510.00 Maint Fee Paid Monthly Owner Pays Management FeesReal Estate Taxes Property Name Mapleleaf Gardens Sewer Public Sewer Special Conditions None Sq Ft Source Property Appraiser Style 5+ Units Tax Year 2022 Taxes 8892.00 Total Annual Rent 269400.00 Water City Zoning Multi-Family

Listing courtesy of Rodolphe Brun of 3 Dot Realty, Llc: (386) 313-6154.


© 2023 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: 2023-12-05T23:36:31.65.
 
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