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859 Dr Mary Mcleod Bethune Boulevard

Daytona Beach, FL 32114
  • $715,000
  • STATUS: Active
  • ON SITE: 530 Days
  • MLS #: 1098110
$715,000
  • 10
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,670
    SQFT
  • $195
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

7.62% Cap as of 3/1/23. 7 units total, 1 commercial store front unit and 6 apartment units. Adjoining commercial lot to the east of the building is included in the sale. Parcel #523836090040. All of the units have recently been renovated with new kitchen cabinets, countertops, new tile in bathrooms, new paint inside and out, new roofs on both buildings, upgraded electrical, new windows, and much more. Both buildings are concrete block construction, with cast concrete floors between first and second floors. All apartment units have window units for AC and baseboard electric heat. Store front unit has a mini split HVAC system. Building is 100% occupied and has the potential for increased rents with parking lot improvements. 622sqft garage is currently used for the owner's storageand maintenance, room this could be rented for additional income. Building is in great shape and is a wonderful opportunity for an investor looking for a turnkey income producing building. There is also a potential to build more multi family units on the included vacant lot per the seller with the purchase of one additional vacant lot that adjoins the property.

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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: 2023-12-04T00:36:12.58.
www.cookgroupdaytona.com/homes/130072313
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859 Dr Mary Mcleod Bethune Boulevard Daytona Beach, FL 32114

  • Price: $715,000
  • Status: Active
  • On Site: 530 Days
  • MLS #: 1098110
10
Beds
0
Baths
0
½ Baths
0.3
Acres
3,670
SQFT
$195
$/SQFT
1955
Built
Neighborhood:
Not In Subdivision
County:
Volusia
Area:
Daytona ISB to Mason, E of 95
Property Description
7.62% Cap as of 3/1/23. 7 units total, 1 commercial store front unit and 6 apartment units. Adjoining commercial lot to the east of the building is included in the sale. Parcel #523836090040. All of the units have recently been renovated with new kitchen cabinets, countertops, new tile in bathrooms, new paint inside and out, new roofs on both buildings, upgraded electrical, new windows, and much more. Both buildings are concrete block construction, with cast concrete floors between first and second floors. All apartment units have window units for AC and baseboard electric heat. Store front unit has a mini split HVAC system. Building is 100% occupied and has the potential for increased rents with parking lot improvements. 622sqft garage is currently used for the owner's storageand maintenance, room this could be rented for additional income. Building is in great shape and is a wonderful opportunity for an investor looking for a turnkey income producing building. There is also a potential to build more multi family units on the included vacant lot per the seller with the purchase of one additional vacant lot that adjoins the property.
Exterior Features

Building Type Apartment Building Construction Concrete Block Outside Balcony/DeckingCurb/SidewalksPublic Bus Parking Off Street Roof Built-UpRolled

Interior Features

Air Conditioning Wall/Window Units Appliances RangeRefrigerator Heating Electric Inside No LaundrySmoke Detector Sq Ft Total 4954.00

Property Features

Annual NOI 54469.00 As Is Condition Yes Electric Meters 7 Franchise Opt In Yes Gross Monthly Rent 6400.00 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 Special Conditions None Special Contingency No Sq Ft Source Property Appraiser Style 5+ Units Tax Year 2022 Taxes 1933.00 Tenant Pays Cable TvElectric Utilities On Site 208/220 Volt Svc. Water City Water Meters 1 Zoning Multi-Family

Listing courtesy of Byron Hebert of 24/7 Florida Realty: (386) 675-1101.


© 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: 2023-12-04T00:36:12.58.
 
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