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415 Vermont Avenue
Daytona Beach, FL 32118

$399,000

29 Photos

Listing Details

  • $399,000
  • MLS# O6419103
  • Type Multi Unit - Multiple
  • Status Pending
  • 8
    Bedrooms
  • 2,540
    Square Feet
  • 0.170 acres
    Lot Size
  • 1908
    Year Built

Listed By

Agency Name: SLOANE REALTY, LLC
Agency Contact: 407-829-2418

Shown By

Agency Title: Pupello Realty Company, LLC
Agency Phone: (386) 216-8338

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Home Value Estimate


Description

Under contract-accepting backup offers. Rare beachside income opportunity - just 2 blocks from the ocean! This well-performing 4-unit investment property will potentially deliver $5,600/month or more in gross rental income with an expense structure that puts more money in your pocket: all four tenants pay their own power (4 separate meters), keeping landlord overhead to approximately $350/month in water costs. A detached 1-car garage offers serious upside - convert it to a 5th efficiency unit, expand the current unit immediately next door, or lease it as-is for additional cash flow. One tenant even handles basic lawn maintenance, making this...read more

Features

  • Central Air, Wall/Window Unit(s)
  • Central, Electric, Ductless
  • $6,682 Taxes
  • Public
  • Built in 1908

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