For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $369,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,808 sqft
Price per Sqft $204
Subdivision Osteens Blk 120 S Rr Deland
MLS Listing ID O6245331
Sold Date 12/13/24
Bedrooms 4
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1925
Annual Tax Amount $3,464
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 32x142
Property Description
One or more photo(s) has been virtually staged. PRIME LOCATION & TWO DWELLINGS! Prime investment opportunity at 429 W Wisconsin Ave., DeLand, FL, 32720. This versatile property offers TWO INCOME-PRODUCING DWELLINGS on one lot, making it a standout asset for investors. With its prime location NEAR STETSON UNIVERSITY AND HISTORIC DOWNTOWN DELAND, this property is ideal for maximizing rental income from short- and long-term tenants. The main house features three bedrooms and two baths, with 1,328 heated square feet. Recent upgrades including fresh paint, luxury vinyl plank flooring, granite countertops and new stainless steel appliances make it move-in ready for tenants. Essential updates like the 2012 roof, newer HVAC systems in 2018 front, in 2021 back, and new water heaters in 2023 front, in 2021 back minimize maintenance costs and ensure long-term stability. The detached one-bedroom, one-bath apartment over the garage adds an additional 480 square feet of rentable space, complete with its washer and dryer, offering extra income potential. With *SEPARATE ELECTRICITY METERS* for each unit, the financial appeal is clear. The property also features a 480-square-foot garage and storage area, an active termite bond, and no carpeting for easier tenant turnover and maintenance. This property's location, low-maintenance design and rental potential make it a smart addition to any investor's portfolio. The current owner was receiving $2,000 for the 3/2 and $1,100 for the 1/1 from their most recent tenants. Don't miss this chance to capitalize on a highly desirable investment in DeLand.
Location
State FL
County Volusia
Community Osteens Blk 120 S Rr Deland
Zoning 05R-2
Rooms
Other Rooms Garage Apartment, Inside Utility
Interior
Interior Features Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Luxury Vinyl, Other
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Lighting, Private Mailbox, Sidewalk, Storage
Garage Spaces 2.0
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected
Roof Type Shingle
Porch Front Porch
Attached Garage false
Garage true
Private Pool No
Building
Entry Level Two
Foundation Crawlspace, Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame,Wood Siding
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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 COLDWELL BANKER (HAMMOCK)