Peggy Cornish - Coldwell Banker Coast

Description

Attention investors! This property is zoned for commercial use, but is currently being used (grandfathered) as a residential income duplex. Front unit has 2 bedrooms, 1 bath, and a kitchen/living area. The back unit has 1 bedroom, 1 bath, large living area, and a kitchen. Both units are currently rented with leases (12 months remaining on front unit and 11 months remaining on back unit) for a combined gross monthly/annual income of $1,850.00/$22,200.00. Both units are in need of updating, but have a very strong rental history as they appear today. This property has two separate driveways for parking on the east side of the property along with a large parking area on the west side of the property which can be accessed via Edwards Street. If used as a commercial property, there are many business classifications that are compatible with the zoning requirements.

Details

MLS#1038497
Sub-TypeResale
StatusActive
Year1950
Days On Site51

Features

SQ Feet1,287
Units2
Building(s)1

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Area Information

StateFL
CountyVolusia
CityDaytona Beach
Zip Code32114
AreaOut of Area
Listing VS Median (in 32114)
Price:
$149,900
low | high
Med:
$189,000
23.915943962642% of Average
SqFt:
1,287
low | high
Med:
1,598
25.835275835276% of Average
$ / SqFt:
$116
low | high
Med:
$118
48.454205181427% of Average
On Site:
51
low | high
Med:
39
100% of Average
Listing Updated: 11/15/2018
MLS Number: 1038497
Listing Provided By:
James Myers  of  Ocean Properties and Management