Property Attributes
- MLS#V4935558
- TypePending
- CountyVOLUSIA
- CityDELTONA
- AreaDeltona - Enterprise
- NeighborhoodDeltona Lakes Unit 29 & 37 Rep
- Zip32725
- StyleQuadruplex
- Year Built1981
- Taxes$ 9290
- Price$ 900,000
- Bedrooms11
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage8147
- Lot Size0.75 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. Introducing a rare gem in the real estate market - a collection of four detached single-family residences on a 3/4-acre site, boasting frontage on three streets. With a total of approximately 8,147 square feet of living area, this property offers a unique blend of space, privacy, and convenience. The property features three, 3 bedroom, 2 bath and one, 2 bedroom, 2 bath homes. Each home has been updated featuring, newer kitchens, bathrooms, and floor coverings. Attention to detail is evident, with short-lived items promptly replaced and nominal deferred maintenance across all units. Currently, three of the residences are occupied, while one has been freshly renovated and is slated to be leased. With rents considered below market, there is opportunity to increase the rental income upon the respective lease expirations. Each of the homes have wooden decks that are undergoing renovation at the present time. Positioned at a price point that promises a high cap rate and a low gross rent multiplier compared to similar properties in the area, this offering presents an enticing opportunity for astute investors seeking a reliable income stream with significant potential for growth. Don't miss out on this exceptional investment opportunity with the promise of substantial returns. Each of the homes are separately metered for utilities.
Price History | |
---|---|
4/6/2024 | Listed $900,000 |
General Features
Interior Features | Ceiling Fan(s),Split Bedroom,Thermostat |
---|---|
Sewer | Public Sewer |
Heating | Electric |
Cooling | Central Air |
Utilities | BB/HS Internet Available,Cable Connected,Electricity Connected,Sewer Connected,Water Connected |
Roof | Shingle |
Exterior Features | Sliding Doors |
Zoning | PB |
Construction Materials | Block |
Year Built | 1981 |
Property SubType | Quadruplex |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Volusia |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | DELTONA LAKES UNIT 29 & 37 REP |
Garage Y/N | No |
Status | Pending |
Directions | I-4 to the Debary exit,go east on Dirksen Dr.,north on Deltona Blvd. to Cascade St. Property is on the NE corner of Cascade St. and Deltona Blvd. and extends to Landmark Street. |
City | DELTONA |
Buyer Agent Compensation | 2.5% |
Senior Community Y/N | No |
Total Units | 4 |
MLS Area | 32725 - Deltona / Enterprise |
Lot Size Square Feet | 32855 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Cascade |
Listing Terms | Cash,Conventional,Other |
Tax Annual Amount | 9290 |
Property Condition | Completed |
Public Remarks | Under contract-accepting backup offers. Introducing a rare gem in the real estate market - a collection of four detached single-family residences on a 3/4-acre site,boasting frontage on three streets |
Ok to Lease | 12 Months |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/V4935558 |
Days on Market | 3 |
Standard Status | Pending |
Tax Lot | 1 |
Legal Description | LOT 1 BLK 1010 DELTONA LAKES REPLAT OF UNITS 37 & 29 MB 27 PGS 181-183 INC PER OR 5303 PG 4961 PER OR 5806 PG 3764 PER OR 5806 PG 3766 PER OR 6426 PG 0302 PER OR 7295 PG 2386 |
Additional Rooms | Bonus Room |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Fireplace Y/N | Yes |
Street Suffix | STREET |
Laundry Features | Inside |
Total Bedrooms | 11 |
LivingAreaSource | Public Records |
Total Baths | 8 |
Living Area Units | Square Feet |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 32855 |
Foundation Details | Slab |
Number of Buildings | 4 |
Building Area Total | 8147 |
Lot Size Acres | 0.75 |
Road Surface Type | Asphalt,Paved |
Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool