$462,500
$495,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
801 S RIDGEWOOD AVE Daytona Beach, FL 32114
8 Beds
4 Baths
2,866 SqFt
Key Details
Sold Price $462,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,866 sqft
Price per Sqft $161
Subdivision Higbees Daytona Add
MLS Listing ID P4929827
Sold Date 08/07/24
Bedrooms 8
Full Baths 4
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1945
Annual Tax Amount $6,718
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 83x79
Property Description
Nestled in the heart of vibrant Daytona Beach, this four-unit investment property presents a golden opportunity for discerning investors. BONUS: Zoning allows for short-term rentals! Either long term or short term rentals, his property offers versatility and the potential for lucrative returns. With a total of 8 bedrooms and 4 bathrooms spread across its 4 units, there's ample space to accommodate tenants and guests comfortably. Recent renovations include the replacement of all windows, while select units feature stunning hardwood floors, enhancing both aesthetics, insurance rates and durability. Generating strong rental income and boasting impressive cash flow, these units are in high demand, capitalizing on their proximity to the beach and downtown. This house has natural gas hookups and ample parking. Pro formas available upon request. Each unit commands a rental income of $1,200 per month, with significant upside potential for further growth. Offering the opportunity to live in one unit while allowing the others to cover expenses, this property presents an enticing proposition for owner-occupiers and investors alike. Showings are available by appointment through the listing agent. **This is part of a package deal (can be single purchase or in package) with
2 more 4 plex units in the same area.** Don't miss out on this rare chance to own a slice of Daytona Beach's thriving real estate market – seize the opportunity today! TENANT OCCUPIED, DO NOT DISTURB PLEASE. Call for appointment.
Location
State FL
County Volusia
Community Higbees Daytona Add
Zoning 02T3
Interior
Interior Features Ceiling Fans(s)
Heating Baseboard, Wall Units / Window Unit
Cooling Mini-Split Unit(s), Wall/Window Unit(s)
Flooring Luxury Vinyl, Tile, Wood
Fireplace false
Appliance Gas Water Heater, Range, Refrigerator
Laundry None
Exterior
Exterior Feature Courtyard
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco,Wood Frame
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with ABRAHAM LEGACY REALTY INC