NyeMosher Schwartz, PA
BEDS0
BATHS
SQUARE FEET784
MLS#V4950463
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBOULEVARD 01 CONDO
Property Description
Income-producing executive office condominium with immediate cash flow and value-add potential! Renovated 784 SF office condo featuring three private suites, reception/waiting area, kitchenette, private restroom, keypad entry, and ample common parking. Two suites are leased with an existing shared occupancy arrangement generating additional rental income. Pursuant to the current lease, the shared tenant has the option to lease the entire suite at a higher rental rate upon transfer of ownership, providing built-in upside. Current gross annual income is approximately $22,880 with potential gross income of approximately $31,720 when fully leased. HOA includes roof, exterior maintenance, landscaping, parking, water, sewer, trash, and building insurance. Excellent Granada Blvd. location with approximately 35,000 AADT. Ideal investment or owner-user opportunity for medical, wellness, counseling, legal, insurance, accounting, or professional office use.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.02 Acres
Roof Type: Shingle
Taxes: $1,218
Year Built: 1988
Amenities
Ninguno
None
Feature Descriptions
Annual Net Income: 15720.00
Community Features: Sidewalks
Condo Fee: $304/ Monthly
Days on Site: 1
Directions: Take Granada Blvd. east, pass Nova Road, condo located on the north side of Granada before Orchard St.
Exterior: Brick
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Slab
HOA Fee: 304/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, Owner Financing
Lot Dimensions: 0.02
Other Equipment: None
Ownership: Condominium
Parking: Common
Parking Notes: Common
Pets Allowed: No
Property Attached Y/N: Yes
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Key/Agent, No Lockbox
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Water: Public
Water Access Y/N: No
Zoning: COMMERCIAL
Listed By / Shown By
Listed By
Agency Name: NEXTIER
Agency Contact: 386-243-5099
Shown By
Agent Name: Nye Mosher Schwartz, PA
Agent Phone: Cell: (954) 701-3346
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 451.40 per month $309.35 Principal & Interest $101.50 Property Tax $40.54 Homeowner's InsuranceChange Payment Information
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555 W Granada Boulevard , Unit B7 | MLS# V4950463
This multi-family property located at 555 W Granada Boulevard , Unit B7, Ormond Beach, FL 32174 is currently listed for sale with an asking price of $139,000. Search Ormond Beach real estate on www.nyesellshomes.com today.