318 S CLAKE ST, DELAND, FL, 32720
$465,000
Residential Income
|
Bedrooms
4
|
Bathrooms
4
|
Living Area
2,221 Sqft
|
Lot Size
15,000 Sqft
|
Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3-unit gem sits on 2 lots with 3 tenants already in place—Prime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income-producing asset in the heart of DeLand. This multi-unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as-is,' this is a rare chance to acquire a high-return property in a sought-after Historic District with built-in demand, or live in the home & have a built-in income stream. Do not disturb tenants; the agent/owner is the landlord. 24-hour notice to show.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRV4947850 | Year Built: | 1941 | |
| Community Features: | Street Lights | Construction Materials: | Block, Cedar, Frame | |
| Cooling: | Central Air, Mini-Split Unit(s) | Country: | US | |
| County Or Parish: | Volusia | Exterior Features: | Private Yard, RV Hookup | |
| Fireplace Features: | Decorative | Foundation Details: | Crawlspace, Pillar/Post/Pier, Slab | |
| Green Energy Efficient: | Appliances, Insulation, Lighting | Heating: | Central | |
| Laundry Features: | Common Area, In Kitchen | Levels: | Multi/Split | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Other Equipment: | Private Yard, RV Hookup | Possession: | Close Of Escrow | |
| Property Condition: | Completed | Property Sub Type: | Triplex | |
| Property Type: | Residential Income | Road Surface Type: | Asphalt | |
| Roof: | Metal, Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Water Connected | Water Source: | Public | |
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