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$490,000

38 Days Online

Address Withheld

For Sale|Multi-Family|Active
County:
Volusia

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Mortgage Calculator

Monthly Payment (Est.)

$2,236

Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Welcome to one of the most unique investment opportunities in DeLand! Nestled close to town, schools and shopping is an over 2-acre parcel that offers privacy and seclusion more akin to what you would find in a more rural area. On this lovely parcel there are 5 residential structures with a total of 6 residential units, all of which are currently rented as income properties. These units, which were built between 1936 and 1960 according to the public records, are frame structures of the Florida vernacular style. The units include three single families with 1 bedroom / 1 bath, one single family with 2 bedrooms /1 bath, and one duplex with 1 bedroom / 1 bath on each side. All units are connected to public water and the water supply system from street to all units was replaced in 2021. The units share a common septic system and drain field which was replaced in 2017, with a new septic pump in 2020. One unit received a new roof in 2022. The possibilities of this property are endless. The next owner could continue to operate as a cash-flow investment, possibly even contemplating adding additional units. Or a group of friends could consider purchasing as a one-of-a-kind shared living community/farm. The only limit is one's imagination!

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Listing Snapshot
Price 
$490,000
Days Online 
38 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,876 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.11 Acres
Year Built 
1936
MLS® Number 
V4932753
Status 
Active
Property Tax 
$5,096
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
a month ago Listing updated with changes from the MLS®
a month ago Listing first seen online
General Features
Sewer 
Septic Tank
Acreage 
2.11
Water 
Public
Property Sub Type 
Multi Family
Utilities 
Electricity Connected
Foundation 
Pillar/ Post/ Pier
Zoning 
01R7
Ownership 
Fee Simple
Parcel Number 
17-30-04-00-00-0260
Interior Features
Cooling 
Wall/ Window Unit(s)
Heating 
Wall Units / Window Unit
Interior 
OtherWindow Treatments
Fireplace 
No
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Exterior Features
Roof 
Shingle
Waterfront Property 
No
Exterior 
Lighting
Community Features
Township 
17S
Senior Community 
No
MLS Area 
32724 – Deland

Listing courtesy of GREENE REALTY OF FLORIDA LLC 386-734-2200

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.

Data last updated at: 2024-04-29 05:45 AM EDT

Neighborhood & Commute
Source: Walkscore
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Wayne Unger – SL3403137

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