612 3rd Street

    Holly Hill, FL 32117
    • $294,000
    • STATUS: Closed
    • ON SITE: 188 days
    • MLS #: 1057599
    Sold - 08/26/2019
    $294,000
    SOLD - 08/26/2019
    • 8
      BEDS
    • 0.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,352
      SQFT
    • $68
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    Description

    Cash Cow! 100% leased Four Plex. 4 x 2 bed / 1 bath units. Individual water meters paid by Tenants! Tenants pay electric too! Even with below market rents, the Current Actual Cap Rate is 7.49%. At market rents based on rentameter, the preferred cap rate is 8.9%. The property has two duplexes. Large units over 1,000 SF each! Each unit has their own small backyard. The front roof was replaced in 2018. 2 Parcels **Do not walk the property without listing agent present. **Must provide proof of funds before a showing can be scheduled.The statement and figures herein, while not guaranteed, are secured from sources we believe authorative.

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    © 2019 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. Data last updated: 2019-11-20T10:23:51.673.
    www.cookgroupdaytona.com/homes/94811729

    612 3rd Street Holly Hill, FL 32117

    • Price: $300,000
    • Status: Closed
    • Updated: 63 min ago
    • MLS #: 1057599
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.57
    Acres
    4,352
    SQFT
    $68
    $/SQFT
    1977
    Built
    Neighborhood:
    Mason & Carswells
    County:
    Volusia
    Area:
    Mason to LPGA E of 95
    Property Description
    Cash Cow! 100% leased Four Plex. 4 x 2 bed / 1 bath units. Individual water meters paid by Tenants! Tenants pay electric too! Even with below market rents, the Current Actual Cap Rate is 7.49%. At market rents based on rentameter, the preferred cap rate is 8.9%. The property has two duplexes. Large units over 1,000 SF each! Each unit has their own small backyard. The front roof was replaced in 2018. 2 Parcels **Do not walk the property without listing agent present. **Must provide proof of funds before a showing can be scheduled.The statement and figures herein, while not guaranteed, are secured from sources we believe authorative.
    Exterior Features

    Road Frontage 120

    Interior Features

    Sq Ft Total 4352.00

    Property Features

    Depth 206 Financial Package Yes Franchise Opt In No Homestead Exempt No Maint Fee 0.00 Maint Fee Paid N/A Sq Ft Source Property Appraiser Style Fourplex Tax Year 2018 Taxes 4451.00 Tenant Pays ElectricWater

    Listing courtesy of Robert Campbell of Coldwell Banker Commercial Benchmark.


    © 2019 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. Data last updated: 2019-11-20T10:23:51.673.
     
    Cook Group Luxury Real Estate
    3340 S. Atlantic Avenue
    Daytona Beach Shores FL, 32118