135 S Stone Street
DELAND, FL 32720

Description

This income producing machine includes 3 rental properties in very good condition just minutes from Stetson University and historic downtown Deland and currently boasts 100% OCCUPANCY!!! The 3/2, 1,292 sq.ft. bungalow currently includes a newer air conditioning system and all appliances. Each of the two 2/1, 720 sq.ft. apartments (upstairs/downstairs) have newer air conditioning systems and also include all appliances. Current owner uses property management company to maintain absentee status and avoid worries of rental management and manage income. All three units are currently occupied and have updated electrical systems in recent years. Each rental has their own electric meter and address. Washer and dryers are included with purchase. Excellent Cap Rate. All measurements are approximate and should be independently verified.

Details

MLS#V4900672
Sub-TypeResale
StatusActive
Year1939
Days On Site9

Features

SQ Feet2,732
Units3
Building(s)2

Market Activity 32720

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Area Information

StateFL
CountyVolusia
CityDELAND
Zip Code32720
Area32720 - Deland
Listing VS Median (in 32720)
Price:
$325,000
low | high
Med:
$239,900
76.184615384615% of Average
SqFt:
2,732
low | high
Med:
1,731
86.639824304539% of Average
$ / SqFt:
$119
low | high
Med:
$139
33.470417974725% of Average
On Site:
9
low | high
Med:
38
23.684210526316% of Average
Nearby Listings (Within 1/10 mile)
Price: $243K - $406K
SqFt: 2,000 - 3,000
Listing Updated: 05/23/2018
MLS Number: V4900672
Listing Provided By:
Chuck Shaver, PA  of  WATSON REALTY CORP

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