Great Income Generator,Easy to manage,Great Location,Close to the college,5 of the 6 units have had the interiors updated,all units have separate electric meters. Great approx 7% cap rate Plus a few rentals are below market
Great investment opportunity with this CURRENTLY RENTED duplex. Each unit has 2 Bedrooms, 2 bathrooms, 1 car garage attached, enclosed screened porch and separate backyards. The property is minutes away from downtown Deland, Stetson University, Area Restaurants, State Parks and Sunrail.
RARE TURN-KEY multifamily opportunity located in the heart of Deland! This Triplex with 3 spacious 1 bed 1 bath units features over 1700 sqft of living space. 2 units are on year-long leases and 1 unit is vacant, all on separate electric meters. The triplex went through an extension renovation in the last five years, with new electrical, kitchens, paint, ceramic tile flooring, bathrooms and roof 2016! WOW! Sit back and start collecting checks today. A GREAT OPPORTUNITY for new investors or seasoned ones looking to add to their portfolio. Come check out this triplex before it is too late!
LOCATION LOCATION LOCATION!! Investor Alert. Check out this beautifully maintained historic Triplex in the heart of Downtown Deland. This property consists of a two-story building with 2- 2 bedroom/1 bath units and a detached 1/1 cottage. All units are full of character and charm, and are walking distance to shopping, dining, and all downtown Deland has to offer. You are only 1 mile from Stetson University. Don't let this investment opportunity pass you by. Call today to set up your private showing. All information taken from the tax record, and while deemed reliable, cannot be guaranteed.
Investor Alert! Fully rented triplex centrally located in the heart of DeLand's Historic Garden District!. All tenants are on annual leases and pay their own electric and water. there are two units in the main house (2 bedroom/1bathroom and 1 bedroom/1 bathroom. The historical main house was renovated in 2003/2004 and had new roof installed in 2018. Lovely wood floors and decorative fireplace with large rooms and open kitchen. Washer/Dryer is situated in kitchen for easy access. The detached studio apartment was remodeled in 2017 and has a rustic charm with 14' ceilings, overhead loft area, large living area, and laundry room right off of bathroom. New mini-split AC and heater! There's even an extra storage area for the studio tenant's use and private courtyard. Each apartment has one
**Back on market due to buyers financing falling through** 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! 3 recent re-roofs and electrical update. *All info to be verified by buyer*
Deland is located in Florida. Deland, Florida has a population of 36,528. Deland is more family-centric than the surrounding county with 27.15% of the households containing married families with children. The county average for households married with children is 21.29%.
The median household income in Deland, Florida is $59,641. The median household income for the surrounding county is $56,786 compared to the national median of $69,021. The median age of people living in Deland is 40.2 years.
The average high temperature in July is 92 degrees, with an average low temperature in January of 46.9 degrees. The average rainfall is approximately 54.6 inches per year, with 0 inches of snow per year.