Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3-unit gem sits on 2 lots with 3 tenants already in place-Prime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income-producing asset in the heart of DeLand. This multi-unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as-is,' this is a rare chance to acquire a high-return property in a sought-after Historic District with built-in demand, or live in the home & have a built-in income stream. Do not disturb tenants; the agent/owner is the landlord. 24-hour notice to show.
Listed By
Agency Name: CENTURY 21 SUNDANCE REALTY
Agency Contact: 386-756-6800
Shown By
Agent Name: Nye Mosher Schwartz, PA
Agent Phone: Cell: (954) 701-3346
Agency Title: Realty 100
Estimated Payment
$ 1,554.18 per month $1,034.89 Principal & Interest $383.67 Property Tax $135.63 Homeowner's Insurance
318 S Clake Street | MLS# V4947850
This multi-family property located at 318 S Clake Street , Deland, FL 32720 is currently listed for sale with an asking price of $465,000. Search Deland real estate on www.nyesellshomes.com today.