135 S Stone Street
DELAND, FL 32720

Description

This income producing machine includes 3 rental properties in very good condition just minutes from Stetson University and historic downtown Deland and currently boasts 100% OCCUPANCY!!! The 3/2, 1,292 sq.ft. bungalow currently includes a newer air conditioning system and all appliances. Each of the two 2/1, 720 sq.ft. apartments (upstairs/downstairs) have newer air conditioning systems and also include all appliances. Current owner uses property management company to maintain absentee status and avoid worries of rental management and manage income. All three units are currently occupied and have updated electrical systems in recent years. Each rental has their own electric meter and address. Washer and dryers are included with purchase. Excellent Cap Rate. All measurements are approximate and should be independently verified.

Details

MLS#V4905328
StyleHouse
Sub-TypeResale
StatusActive
Year1939
Days On Site56

Features

Bed(s)7
Bath(s) 4 Full
SQ Feet2,732
Acreage0.26

Additional Information

Water AccessNo
Water FrontageNo
Water View0
Water ExtrasNo
Water NameNo

Market Activity 32720

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Area Information

StateFL
CountyVolusia
CityDELAND
Zip Code32720
Area32720 - Deland
Community NameD J MILLERS
Listing VS Median (in D J MILLERS)
Price:
$279,900
low | high
Med:
$279,900
50% of Average
SqFt:
2,732
low | high
Med:
2,732
50% of Average
$ / SqFt:
$102
low | high
Med:
$102
50% of Average
On Site:
56
low | high
Med:
56
100% of Average
Listing Updated: 03/22/2019
MLS Number: V4905328
Listing Provided By:
Chuck Shaver, PA  of  WATSON REALTY CORP

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