5010 S RIDGEWOOD AVE, PORT ORANGE, FL, 32127
$335,000
Residential Income
|
Living Area
1,542 Sqft
|
Lot Size
10,400 Sqft
|
Don't miss your chance to own this fully rented triplex with exceptional income potential, located just minutes from the Intracoastal Waterway and world-famous beaches. Situated in a highly desirable area of Port Orange, this property is not only zoned for up to 10 units, but it's also already generating a steady monthly income of $3,200 from quality, long-term tenants. This well-maintained investment property includes: A charming 2-bedroom, 1-bath cottage with a new HVAC system. A separate studio unit featuring distinct kitchen and living spaces. A spacious 1-bedroom, 1-bath unit with a generously sized kitchen and living area. New roofs recently installed on both buildings. Whether you're an experienced investor looking to expand your portfolio or seeking a rare multifamily opportunity with future development potential, this property offers both immediate returns and long-term upside. Located in the highly regarded Port Orange school district, this triplex is close to shopping, dining, parks, and all that makes this coastal community so desirable. With zoning in place for expansion and solid rental history, this is a smart addition to any investor's portfolio.
Opportunities like this are rare. Schedule your private showing today!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRV4942567 | Year Built: | 1946 | |
| Construction Materials: | Block, Concrete, Stucco | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Volusia | |
| Exterior Features: | Other | Foundation Details: | Slab | |
| Heating: | Central | Laundry Features: | Inside | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Occupant Type: | Tenant | |
| Parking Features: | Common, Guest | Property Sub Type: | Triplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Appointment Only, Call Listing Agent, See Remarks | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Electricity Connected, Sewer Connected, Water Connected | Water Source: | Public | |
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