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4989 S Ridgewood Avenue

Port Orange, FL 32127
  • $1,100,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 1115488
UPDATED: 9 min ago
$1,100,000
  • 4
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,804
    SQFT
  • $289
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Description

This prime investment opportunity features six fully occupied residential units with long term tenants and room for increases. Additionally, this property offers a standalone commercial restaurant space, that adds additional income and diversification to the property. A short walk to the river, this property is located directly adjacent to the Port Orange Flea Market, and just steps from public transportation. With housing demand at an all time high, combined with it's prime location, it's a multifamily gem with a lucrative commercial component. Don't miss out on this outstanding investment.

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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/144691564
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4989 S Ridgewood Avenue Port Orange, FL 32127

  • Price: $1,100,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 9 min ago
  • MLS #: 1115488
4
Beds
0
Baths
0
½ Baths
0.42
Acres
3,804
SQFT
$289
$/SQFT
1956
Built
Neighborhood:
Not In Subdivision
County:
Volusia
Area:
Port Orange S of Dunlawton, E of 95
Property Description
This prime investment opportunity features six fully occupied residential units with long term tenants and room for increases. Additionally, this property offers a standalone commercial restaurant space, that adds additional income and diversification to the property. A short walk to the river, this property is located directly adjacent to the Port Orange Flea Market, and just steps from public transportation. With housing demand at an all time high, combined with it's prime location, it's a multifamily gem with a lucrative commercial component. Don't miss out on this outstanding investment.
Exterior Features

Building Type Apartment BuildingCombinationStand Alone Construction Concrete Block Land Type Corner Lot Outside Balcony/DeckingCurb/SidewalksGuttersPublic Bus Parking LightedOff StreetParking Lot Roof Rolled Waterfront River View

Interior Features

Air Conditioning Multiple Units Appliances DishwasherMicrowaveRangeRefrigerator Heating Mixed Inside Ceiling FansSmoke Detector Sq Ft Total 3804.00

Property Features

As Is Condition Yes Electric Meters 8 Franchise Opt In Yes Gas Meters 1 Homestead Exempt No Maint Fee 0.00 Maint Fee Paid N/A Owner Pays ExterminatorInsurance ExteriorLawn CareMaintenance ExteriorManagement FeesReal Estate TaxesTrash RemovalWater Sewer Public Sewer Sq Ft Source Property Appraiser Style 5+ Units Tax Year 2022 Taxes 7547.00 Tenant Pays Cable TVElectric Utilities On Site 200 AmpCircuit BreakerUnderground Water City Water Meters 2

Listing courtesy of Kayden Schaper of Coldwell Banker Commercial Benchmark: (386) 672-8530.


© 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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