640 N Wild Olive Avenue Daytona Beach, FL 32118

$589,000

4

Beds

4

Bath

2628

SqFt

--

Acres

--

Garages

1918

Built

MLS® #: 1068192

Active, published 4 months ago

Description

This is a ''one-of-a-kind'' income property that you have to see to believe. This ''1-4 family'' investment property has the ability to produce an annual ''potential gross income'' of $67,000 generating a very favorable ''cap rate'' of ~9.2%, based on the general area's market rents. The landlord is moving out of the area and is leaving the property in absolute pristine condition for the next owner to either rent the units or possibly choose to live on-site and manage the remaining units for income purposes. All measurements are deemed to be approximate and accuracy must be verified.This turn key home has been renovated from top to bottom with hand stained wood ceilings, stainless appliances, mosaic backsplashes, and custom artwork abound.

Additional Information

Bedrooms
4
Bathrooms
4
Half Baths
0
SqFt - Living
2628
SqFt - Total
2628
Acres
Year Built
1918
Type
Residential
Sub-Type
Single Family
Status
Active
Maintenance Fee
$0
Maintenance Fee Freq
N/A
Maintenance Fee Includes
Ownership
None

Amenities

Utilities
City Water, City Sewer
Features
Garages
Is Waterfront
No
Waterfront
Has Pool
No
Pool

Exterior

Exterior Features
Lot Description
55x150
Roof
Construction
Concrete Block, Frame, Stucco Cover

Community Information

Address
640 N Wild Olive Avenue
Area
15 - Daytona Peninsula N of Seabreeze
Subdivision
East Daytona
City
Daytona Beach
County
Volusia
State
FL
Zip Code
32118

Interior

Interior
Interior Features
Appliances
Heating
Cooling
Central
Fireplace
No
Stories

Room Dimensions

Bedroom 1
15x12
Kitchen
15x15
 

Would you like to see this property?

Call "MR.T."

386.299.8989

Mr. Lee Toutounchian

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Property Listed by: NSB Homes LLC

The information being provided is 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.

Based on information from the DABMLS from 2020-03-05 11:09:13. DABMLS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the DABMLS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.