415 Vermont Avenue
Daytona Beach, FL 32118

Listed at $429,000

Details

  • MLS# O6419103
  • Multi Unit - Multiple
  • Status Active
  • 8 Bedrooms
  • Bathrooms
  • 2,540 Square Feet
  • 0.170 acres
  • Built in 1908
  • Local Schools

Description

Rare beachside income opportunity - just 2 blocks from the ocean! This well-performing 4-unit investment property will potentially deliver $5,600/month or more in gross rental income with an expense structure that puts more money in your pocket: all four tenants pay their own power (4 separate meters), keeping landlord overhead to approximately $350/month in water costs. A detached 1-car garage offers serious upside - convert it to a 5th efficiency unit, expand the current unit immediately next door, or lease it as-is for additional cash flow. One tenant even handles basic lawn maintenance, making this a truly low-management asset. Whether...read more youre a seasoned investor or looking to house-hack near the beach, this property checks every box. This is an accessible deal that wont last long. Call today before its too late! **Financials within this listing are Pro-Forma. 2 units are currently vacant. The two rear/garage units are currently leased Month-To-Month to long term tenants at below market rates of $900 and $1,050**

Features

  • Central Air, Wall/Window Unit(s)
  • Central, Electric, Ductless
  • $6,682 Taxes
  • Public
  • Built in 1908
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Annual Net Income: 48989.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Days on Site: 3
  • Directions: From I-95: Take exit 261 (LPGA Blvd) or exit 256 (International Speedway Blvd) east toward Daytona Beach. Head east on International Speedway Blvd (US-92) toward the beach. Turn north on Nova Road or Ridgewood Ave, then navigate to Vermont Ave and head ea
  • Exterior: Frame, Wood Siding
  • Exterior Features: Fence, Private Entrance, Private Mailbox, Private Yard, Sidewalk
  • Fireplace: Wood Burning
  • Fireplace Y/N: Yes
  • Flood Zone Code: X
  • Foundation: Block, Slab
  • Garage: 1 car attached
  • Heating: Central, Electric, Ductless
  • Home Warranty Y/N: No
  • Interior Features: Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Walk-In Closet(s)
  • Listing Terms: Cash, Conventional
  • Lot Dimensions: 0.17
  • Lot Size: 0.17 Acres
  • Other Equipment: Private Entrance, Private Yard
  • Ownership: Fee Simple
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Showing Instructions: ShowingTime
  • Special Sale Provisions: None
  • Taxes: $6,682
  • Utilities: Public
  • Water: Public
  • Water Access Y/N: No
  • Year Built: 1908
  • Zoning: RES < 10