16 S Grandview AvenueDaytona Beach, FL 32118
Mortgage Calculator
Monthly Payment (Est.)
$2,281HUGE OPPORTUNITY TO MAKE A KILLING! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 7 unit Multi-Family property that could be your next cash cow. 6 Beds 8 Baths. INCOME AT 3,225.00 PER MONTH EVEN WITH WITH 2 UNITS OWNER OCCUPIED. Walking distance to the Main Street Pier and Beach Access. With 100 occupancy rate (2 Units are owner occupied) this property is producing a NOI of 24,800.00 per year with plenty of room for easy increases. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and Four Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. Inspection Report Done With No Major Repairs Needed.
6 days ago | Listing updated with changes from the MLS® | |
2 weeks ago | Status changed to Active | |
6 months ago | Listing first seen on site |
Listing information is provided by Participants of the Daytona Beach Area Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Daytona Beach Area Association of REALTORS MLS.
Data last updated at: 2024-10-30 12:00 AM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.