413 Vermont Ave - Apartments FOR SALE


Daytona Beach, FL 32118- Daytona Beach Shores
$699,000 USD
407-758-3166
413 Vermont Ave, Daytona Beach, FL for Sale
$699,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

413 Vermont Ave
Daytona Beach, FL 32118
Daytona Beach Shores


HIGHLIGHTS

  • 4 rental units plus 1 car garage that could possibly be converted to a 5th efficiency unit or lease as a garage for additional income

OVERVIEW

This 4 unit income property is just 2 blocks from the beach. 4 rental units plus 1 car garage that could possibly be converted to a 5th efficiency unit or lease as a garage for additional income. Total gross monthly rental income is $5,600. Tenants pay their own power (4 power meters). Landlord pays the water bill of approximately $350 per month (1 water meter). One of the tenants does basic lawn maintenance. The seller may consider holding a private mortgage with 50% down and acceptable terms.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

4

PRICE/UNIT

$174,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,660 SF

ZONING

MFR up to 10 UNITS

APN/PARCEL ID

5309-13-01-0090

ASK ABOUT THIS PROPERTY

Matt WhiteSloane Realty, LLC / Matthew WhiteMore Info
407-758-3166

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Matt WhiteSloane Realty, LLC / Matthew WhiteMore Info
407-758-3166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.