730 LINDLEY BLVD, DELAND, FL, 32724
$725,000
Residential Income
Bedrooms
10
Bathrooms
5
Living Area
999 Sqft
Lot Size
17,490 Sqft
Secure immediate cash flow with this rare DeLand investment package. Four single-family homes, offered as a single transaction, present an unparalleled opportunity for the discerning investor. Unlock your portfolio's potential with exceptional seller financing: a low $75,000 down payment, 7.0% interest, and a 20-year amortization with a 5-year balloon. Collect $4,525 in proven monthly rents from long-term, month-to-month tenants, ensuring immediate income and flexibility for future rent optimization. Each property is strategically positioned within minutes of vibrant, award-winning Downtown DeLand, placing tenants close to hospitals, diverse shopping, major commuter routes like I-4, and Florida's renowned beaches. This turn-key portfolio combines stability with growth potential in a highly sought-after market. Don't miss this chance to acquire a meticulously assembled DeLand asset. Inquire today for details. Down Payment: $75,000. Mortgage: $650,000. Interest Rate: 7.0 % Amortization: 20 years. Balloon Payment: 5 years. Current Monthly Rents: 1. 730 Lindley Blvd: $1,100. 2. 242 N. Garfield Ave.: $1,025. 3. 916 Cass St.: $1,200. 4. 213 Leon Ave.: $1,200. All four tenants are currently Month to Month and have been long term tenants.
Property Details
Property Features Property Features
MLS ID: MFRV4951465 Year Built: 1957
Construction Materials: Other Cooling: Other
Country: US County Or Parish: Volusia
Exterior Features: None Financial Data Source: Owner
Foundation Details: Crawlspace, Slab Furnished: Unfurnished
Heating: Other Laundry Features: Other
Lease Term: 6-12 Month Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, Owner Financing
Lot Features: City Limits, In County, Level, Paved Occupant Type: Tenant
Other Equipment: None Pets Allowed: Yes
Possession: Negotiable Property Condition: Completed
Property Sub Type: Quadruplex Property Type: Residential Income
Road Responsibility: Public Maintained Road Road Surface Type: Asphalt, Paved
Roof: Roof Over, Shingle Sewer: None
Showing Requirements: Appointment Only, Call Listing Agent, Do Not Contact Tenants Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Available Water Source: Public, See Remarks
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