$450,000
Pending · 61 days on market · MLS# MFRO6364531
| Bedrooms | 8 |
|---|---|
| Living area | 2,842 sq ft |
| Lot size | 0.17 acres |
| Year built | 1908 |
| Property type | Quadruplex |
| Garage spaces | 1 |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $6,339 |
| County | Volusia |
Under contract-accepting backup offers. 4 Unit Income property just 2 blocks from the Beach. 4 rental units plus 1 car garage that could possibly be converted to a 5th efficiency unit or lease as a garage for additional income. Total gross monthly rental income is $5,600. Tenants pay their own power (4 power meters). Landlord pays the water bill of approximately $350 per month (1 water meter). One of the tenants does basic lawn maintenance. The seller may consider holding a private mortgage with 50% down and acceptable terms.
Listing courtesy of Matt White, SLOANE REALTY, LLC. Presented by MC Homes Realty Inc · 727432218.