618 S PALMETTO AVE, DAYTONA BEACH, FL, 32114
$350,000
Residential Income
|
Living Area
2,308 Sqft
|
Lot Size
8,085 Sqft
|
NEW ROOF!! This Charming Duplex is located in the heart of Daytona's Historic district on an oversized lot. Fully Occupied with a gross monthly rent of 3,100.00 and a CAP Rate of 8.1. Value Add opportunity with capitalizing on untapped income potential with renting the 2 car garage for a minimum of 700.00 total, 350.00 each side. 1st floor unit is 3 bedrooms 1 full bath featuring hardwood flooring throughout & freshly painted. Updated kitchen and the formal dining room has crown molding. The 3 bedrooms have large closets, the bathroom includes a walk-in tiled shower and claw foot tub. 2nd floor unit features 3 bed / 1 bath with brand new LVP flooring throughout & freshly painted. Both units have their own laundry area. Walking distance to the Halifax Harbor Marina and Beach St with all the restaurants/shops. This property has a ton of potential. Live in one side rent all other out or utilize as a multigenerational property.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6269399 | Year Built: | 1910 | |
| Construction Materials: | Stucco, Frame | Cooling: | Wall/Window Unit(s) | |
| Country: | US | Exterior Features: | Balcony | |
| Financial Data Source: | Owner | Fireplace Features: | Wood Burning | |
| Flooring: | Carpet, Ceramic Tile, Tile | Foundation Details: | Crawlspace | |
| Furnished: | Unfurnished | Heating: | Central | |
| Laundry Features: | Inside | Lease Term: | Twelve Months | |
| Levels: | Two | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Parking Features: | Guest, Off Street, On Street, RV Parking | |
| Property Sub Type: | Duplex | Property Type: | Residential Income | |
| Road Surface Type: | Paved | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Tenant Pays: | Electricity, Gas, Parking Fee, Sewer, Trash Collection, Water | |
| Utilities: | Electricity Connected, Sewer Connected, Water Connected | Water Source: | Public | |
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