New Listing - 11/21/2024
822 Forest LANE, Daytona Beach, FL, 32114
6 rooms
3 beds
2 Full baths
1950
1,216 sqft
This property offers a remarkable approximate 14% annual ROI. Currently operating as a residential income duplex, it is also grandfathered for commercial use. The front unit features 2 bedrooms, 1 bath, and an open kitchen/living area, while the back unit includes 1 bedroom, 1 bath, a spacious living area, and a kitchen. One unit is currently rented, with the second unit recently vacated. Combined, the units generate a gross monthly income of $2,000, or $24,000 annually. Both units have been recently renovated, with upgrades to the HVAC, roof, flooring, water heater, walls, doors, and fixtures. The property offers two separate driveways for parking on the east side, along with a large parking area on the west side, accessible via Edwards Street. With its commercial zoning, this property offers flexible opportunities for various uses, such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial establishment. Don't miss this exceptional investment opportunity!
Status:
Active
Type:
Single-family residential
Laundry Remarks:
Electric Dryer Hookup
Subdivision:
FRST PARK
Heating:
Central, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Acreage:
0.4
Est. Taxes:
$1,684
Construction
Concrete
Utilities
Public
Appliances:
Range, Refrigerator
Min Lease Term:
6 Months
MLS #:
O6259440
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of EXP REALTY LLC Phone: 407-392-1800