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    138 W Howry Avenue

    Deland, FL 32720
    • $489,000
    • STATUS: Active
    • ON SITE: 154 days
    • MLS #: V4915634
    UPDATED: 20 min ago
    $489,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,875
      SQFT
    • $126
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:
    Area:

    School Ratings & Info

    Description

    5-plex multifamily property generating above average returns from day one! This property is located in an OPPORTUNITY ZONE, which allows for capital gains tax deferrals/elimination. All of the units are fully leased and are located in a highly desirable area of DeLand in close proximity to our award-winning downtown and Stetson University. All units stay consistently rented and have steady rent growth due to fantastic location. Units have all been updated as needed with three having had a full renovation in the last year. The property also has a community laundry room with coin operated washer and dryer. The current rent roll is $4,700.00 per month or $56,400.00 per year. The $650 unit is month-to-month and due for an increase to market rates.

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    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-02-24T14:43:23.843.
    www.newhomepartnersfl.com/homes/110287182
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    138 W Howry Avenue Deland, FL 32720

    • Price: $489,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: V4915634
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    3,875
    SQFT
    $126
    $/SQFT
    1941
    Built
    Neighborhood:
    M J Schicks Resub
    County:
    Volusia
    Area:
    Deland
    Property Description
    5-plex multifamily property generating above average returns from day one! This property is located in an OPPORTUNITY ZONE, which allows for capital gains tax deferrals/elimination. All of the units are fully leased and are located in a highly desirable area of DeLand in close proximity to our award-winning downtown and Stetson University. All units stay consistently rented and have steady rent growth due to fantastic location. Units have all been updated as needed with three having had a full renovation in the last year. The property also has a community laundry room with coin operated washer and dryer. The current rent roll is $4,700.00 per month or $56,400.00 per year. The $650 unit is month-to-month and due for an increase to market rates.
    Exterior Features

    Attached Garage Yn No Carport Yn No Construction Materials Vinyl SidingWood FrameWood Siding Exterior Features LightingRain GuttersSidewalk Foundation Details CrawlspaceSlabStem Wall Lot Size Dimensions 70X150 Pool Private Yn No Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Mini-Split Unit(S)Wall/Window Unit(S) Fireplace Yn No Heating Wall Units / Window Unit Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Net Income 39035.00 Association Yn No Cdd Yn No Disclosures Lead Paint DPR No Flood Zone Code X Garage Yn No Listing Terms CashConventional New Construction Yn No Property Sub Type Multi-Family Realtor Info Currently LeasedList Agent is OwnerSurvey Available Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3541.27 Tax Year 2019 Total Actual Rent 4700 Total Num Buildings 2 Utilities Bb/Hs Internet AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning 05C2


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Greene Realty Of Florida Llc.



    © 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-02-24T14:43:23.843.
     
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