$250,000
$329,000
24.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,736 SqFt
SOLD DATE : 03/10/2023
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,736 sqft
Price per Sqft $144
Subdivision Madison Heights
MLS Listing ID O6062438
Sold Date 03/10/23
Bedrooms 5
Construction Status Financing
HOA Y/N No
Originating Board Stellar MLS
Year Built 1968
Annual Tax Amount $2,063
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Description
Legal Tri-plex is located just north of Halifax Hospital in a nice quiet neighborhood surrounded by mostly single-family homes with lots of surrounding new construction. Completely remodeled with newer windows, central AC in both 2/1 apts, new attic insulation, updated and newer kitchens, and baths with tile and vanities and new tub in apt 1, newer water heaters,3 Upgraded electric services with all new panels, riser and upgraded to 200 amps from 125 amps, updated plumbing, newer interior and exterior paint, newer landscaping, gravel parking for 6 cars, Termite bond. 3 units with $3050 per month income with room to increase easily. Brand new roof September 2022. Concrete block construction, even most of the interior walls are concrete. Apt 3 is rented at 750 (below market value) the seller is offering a credit of $2200 to bring it up to market rent for the remainder of the lease. The market rent per DBHA is 1025. The lease expires on 8/31/2023, so you can turn over the unit at that time. The seller is offering a credit of 5k for renovations for this unit so it can be renovated once the tenant vacates. Apt 1 and Apt 2 are both purposely vacant so the new owner can choose their own tenants. Cash buyers or min 20% down Only, at this point. Listing agent is Owner. NO seller financing or subject to financing.
Recently appraised at $335,000. Easy to show! 3 electric meters AND 3 water meters. 2 miles to the Daytona Speedway and 4 miles to Daytona drive on Beach.
Location
State FL
County Volusia
Community Madison Heights
Zoning R-3
Interior
Interior Features Window Treatments
Heating Central, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Flooring Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Range, Refrigerator
Laundry None
Exterior
Exterior Feature Rain Gutters
Parking Features Off Street, Open
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Covered, Front Porch, Rear Porch
Garage false
Private Pool No
Building
Lot Description Corner Lot, Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Construction Status Financing
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with EXP REALTY LLC
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