486 OAK ST, NEW SMYRNA BEACH, FL, 32168
$265,900
Residential Income
Bedrooms
4
Bathrooms
3
Living Area
1,422 Sqft
Lot Size
10,625 Sqft
*Investor Alert* or those seeking an Extra Income Producing Property! Lots of Possibilities! Flexible Ownership Usage; This Corner Lot, Two Unit Single Family Rental Property could also be Single Family Owners seeking extra Income or needing an additional separate In-Law Suite Efficiency Apartment complete with 2nd Kitchen, Full Bathroom and Walk-in Closet or a larger or extended family just needing more space and options! Located in New Smyrna Beach Florida just a short 10–15-minute drive to the Drive-On Beach, or a 5-minute drive to the Intracoastal for fishing, boating, parks, dining, shopping and all that this Coastal Community has available! A short, less than ten-minute drive to Route 95 for longer distance travel. Strong Cash Flow and Return On Investment for Investors (currently $3,375 / Month total gross) or new Home Owner can choose to offset their expenses by up to $1,325 / Mo. by renting out the Efficiency Apartment or by $2,050 / Month by renting out the Main Home and living in the Efficiency Studio Apartment. The Main Home features Two Bedrooms, both with walk-in closets, one Bathroom, Kitchen, Dining Area, Living Room and Bonus Room which could act as a third Bedroom (but no closet) or Office or Den or Sitting Room. Nice Hardwood Floors throughout the Living and Bedrooms while the Kitchen and dining and adjacent room receive Porcelain Tiles for easy cleanup and maintenance. The studio Efficiency Apartment features two Separate Entrances, a flexible Living/Sleeping Space with Ceiling Fan and Walk-in Closet, a separate Full Kitchen and Dining Area and a Full Bathroom with Shower (and a second natural Gas Water Heater). The Main Home and Efficiency Apartment both have Two Separate Entrances as well as Separate Off-Street Parking Areas. The corner Lot yard has some mature trees and Landscaping to accent its surroundings and spacious feel. The home has been well maintained and recently painted inside and out. Now is your chance to Own an Income Producing slice of sunshine in this wonderful community by the water. Note: Listing Agent has an interest in the property. Please verify all Details and Dimensions.
Property Details
Property Features Property Features
MLS ID: MFRNS1088407 Year Built: 1953
Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator Construction Materials: Frame
Cooling: Central Air Country: US
County Or Parish: Volusia Exterior Features: None
Flooring: Carpet, Wood Foundation Details: Block
Furnished: Unfurnished Heating: Central
Laundry Features: Laundry Closet Lease Term: Twelve Months
Levels: One Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant Other Equipment: None
Property Sub Type: Duplex Property Type: Residential Income
Road Surface Type: Gravel Roof: Shingle
Security Features: Smoke Detector(s) Sewer: Septic Tank
Showing Requirements: Supra Lock Box, Sentri Lock Box Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Available, Water Connected Water Source: Public
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