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(Undisclosed Address), DELAND

$490,000

0 Beds
0 Baths
2,876 Sqft
2.11 Acres
0 Garages

Welcome to one of the most unique investment opportunities in DeLand! Nestled close to town, schools and shopping is an over 2-acre parcel that offers privacy and seclusion more akin to what you would find in a more rural area. On this lovely parcel there are 5 residential structures with a total of 6 residential units, all of which are currently rented as income properties. These units, which were built between 1936 and 1960 according to the public records, are frame structures of the Florida vernacular style. The units include three single families with 1 bedroom / 1 bath, one single family with 2 bedrooms /1 bath, and one duplex with 1 bedroom / 1 bath on each side. All units are connected to public water and the water supply system from street to all units was replaced in 2021. The units share a common septic system and drain field which was replaced in 2017, with a new septic pump in 2020. One unit received a new roof in 2022. The possibilities of this property are endless. The next owner could continue to operate as a cash-flow investment, possibly even contemplating adding additional units. Or a group of friends could consider purchasing as a one-of-a-kind shared living community/farm. The only limit is one's imagination!

N/A is in DELAND, FL. This Residential Income property for sale is currently being offered at $490,000. Built in 1936 this 0 bedroom, 0.00 bathroom Volusia Residential Income property has been listed on RealtyInOrlando.com for 206 days. N/A is priced at $170.38 Per Square Foot, and is situated on 2.11 acres of land. Please contact your local Realtor® for more information on N/A, DELAND, FL 32724. Property Listing Reference: MLS number: V4932753.

Essential Information
MLS® #V4932753
Price$490,000
Bathrooms0.00
Square Footage2,876
Acres2.11
Year Built1936
TypeResidential Income
Sub-TypeMulti-Family
StatusActive
HOA$0
Taxes$5,097
Community Information
AddressN/A
AreaDeland
SubdivisionNONE
CityDELAND
CountyVolusia
StateFL
Zip Code32724
Interior
Interior FeaturesOther, Window Treatments
HeatingWall Units / Window Unit
CoolingWall/Window Unit(s)
Exterior
Exterior FeaturesLighting
RoofShingle
FoundationPillar/Post/Pier
Other Information
Date ListedOctober 13th, 2023
Days on Market206
Zoning01R7
Listing Details
OfficeGREENE REALTY OF FLORIDA LLC
Property History
Price Reduced from $499,000 to $490,000
Price Reduced from $545,000 to $499,000

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on May 8th, 2024 at 12:19am EDT.