
Description
Under contract-accepting backup offers. Investor Alert!! This 4 plex is conveniently located in the heart of Daytona Beach. This property has the potential to be a cash cow! Front two units are completely renovated 2-bedroom 1 full bathroom apartments. In the back you will find a gutted 1 bedroom 1 full bathroom and a studio apartment. Both units give you creative rain to design as you see fit. The proforma gross rent is 4,000/mo. After estimated expenses proforma cap rate is 13.79. Property is excellent for first time investors or if you're just looking to add a gem to your portfolio.
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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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2,040SQFT
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$142$/SQFT
School Ratings & Info
Description
Under contract-accepting backup offers. Investor Alert!! This 4 plex is conveniently located in the heart of Daytona Beach. This property has the potential to be a cash cow! Front two units are completely renovated 2-bedroom 1 full bathroom apartments. In the back you will find a gutted 1 bedroom 1 full bathroom and a studio apartment. Both units give you creative rain to design as you see fit. The proforma gross rent is 4,000/mo. After estimated expenses proforma cap rate is 13.79. Property is excellent for first time investors or if you're just looking to add a gem to your portfolio.

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