Property Details
$1,925,000
$1,925,000
For more information regarding the value of a property, please contact us for a free consultation.
9,147 Sqft Lot
SOLD DATE : 01/21/2022
Key Details
Sold Price $1,925,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Out Of County
MLS Listing ID FC268665
Sold Date 01/21/22
Condo Fees $190
HOA Y/N No
Originating Board Flagler
Year Built 1984
Annual Tax Amount $10,500
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Cash Cow! Great investment opportunity! 35 efficiency units, located in the heart of Holly Hill, easy access to freeway, shopping centers, and 10 minutes to the beach. 92% rented. Total monthly rent is $25,200. We have an HOA fees of $6,650 (that is $190 per unit which includes Water, Electricity, gas, internet, cable, ground keeping, insurance, exterminator).Our tenants pay between $700 to $800 per unit for rent with all utilities included. Exterior paint is being done on all buildings and the pool is being totally rebuilt. The HOA has a total of 105 units. HOA has a large cash reserve. Owner will finance $1,200,000 at 6% interest rate. Buyer to bring the difference in cash.
Location
State FL
County Volusia
Community Out Of County
Zoning OUT/CNTY
Interior
Interior Features Ceiling Fans(s)
Heating Natural Gas, Other
Cooling Other, Wall/Window Unit(s)
Flooring Tile
Exterior
Exterior Feature Fence
Garage Other, Over 30 Spaces, Oversized
Roof Type Built-Up
Building
Lot Description Oversized Lot
Story 2
Entry Level Two
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with 3 Dot Realty LLC