16 S Grandview AVENUE, Daytona Beach, FL, 32118

16 S Grandview AVENUE, Daytona Beach, FL, 32118

1910

2,972 sqft

HUGE OPPORTUNITY TO MAKE A KILLING! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash cow. 6 Beds 8 Baths. INCOME AT 3,225.00 PER MONTH WITH 2 UNITS OWNER OCCUPIED. Walking distance to the Main Street Pier and Beach Access. With 100 occupancy rate (2 Units are owner occupied) this property is producing a NOI of 24,800.00 per year with plenty of room for easy increases. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Unit is on One Electric Meter. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. Monthly leases are in place for maximum flexibility for the new owner to do any wanted renovations. However tenants are in place now for instant return on investment.This is the multi family property you've been waiting to acquire to your investment portfolio! 70K Per Door. Call today to inquire more information.


Status:

Active

Type:

Commercial

Complex:

ROGERS SEABREEZE

Garage:

1 to 5 Spaces

Cooling:

Wall/Window Unit(s)

Acreage:

0.11

Est. Taxes:

$4,278

Construction

Wood Frame, Wood Siding

Days on Market:

87

MLS #:

NS1081584


Community Info

School Info

Walk Score

Yelp



Listing courtesy of LPT Realty Phone: 877-366-2213