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Nestled in the heart of South Daytona you will find an area of investment properties where the numbers make sense..........This multi-family complex offers 6 x 2 bedroom townhouse style units that are fully rented, on annual leases with some long term tenants and a CAP rate of approximately 7.5. Owners expenses are minimal as the tenants pay their own utilities........Complex is just a short drive from the world's most famous beach and offers all the convenience of being close to schools, shopping, restaurants, medical, golf courses and so much more. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.
Features
Age: 41-50 Years Old
Building Units: 6
Cooling System: Central Air
Exterior Type: Frame
Exterior Type: Block
Exterior Type: Stucco
Floor Covering: Laminate
Floor Covering: Tile
Floors: 2
Heating System: Electric (Heating)
Heating System: Central
Legal Description: E 139.67 FT OF LOT 1 BLK 19 GOLFVIEW SEC 11 MB 32 PG 167 PER OR 4852 PG 4281 PER OR 7000 PG 2317 PER OR 7253 PG 3409 PER OR 8250 PG 2358 PER OR 8483 PG 1146