$465,000
Pending · 22 days on market · MLS# MFRV4947850
| Bedrooms | 4 |
|---|---|
| Living area | 2,221 sq ft |
| Lot size | 0.34 acres |
| Year built | 1941 |
| Property type | Triplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $4,604 |
| County | Volusia |
Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3-unit gem sits on 2 lots with 3 tenants already in place—Prime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income-producing asset in the heart of DeLand. This multi-unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as-is,' this is a rare chance to acquire a high-return property in a sought-after Historic District with built-in demand, or live in the home & have a built-in income stream. Do not disturb tenants; the agent/owner is the landlord. 24-hour notice to show.
Listing courtesy of Nicole Brousseau, CENTURY 21 SUNDANCE REALTY. Presented by MC Homes Realty Inc · 727432218.