835 N Grandview Avenue
Daytona Beach, FL 32118

Listed at $799,000

Details

  • MLS# NS1088114
  • Multi Unit - Multiple
  • Status Active
  • 9 Bedrooms
  • Bathrooms
  • 3,886 Square Feet
  • 0.240 acres
  • Built in 1968
  • Local Schools

Description

Rare opportunity to own a solid concrete block 4-plex just minutes from the beach and the Hard Rock Hotel - fully occupied and generating $5,050/month in rental income. Built in 1968 with the durability that only CBS construction delivers, this well-maintained property features one spacious 3BD/2BA unit and three 2BD/1BA units, each with two private entries and its own locked storage unit.All leases are month-to-month with rents currently below market, giving a new owner immediate upside potential. Upper units enjoy private balcony areas, and Unit 3 offers a peek-a-boo ocean view. Additional income streams include an on-site coin laundry...read more (~$200-$300/mo), a rentable one-car garage, and two covered parking spaces.Recent upgrades include 2020 impact windows, storm shutters, new copper A/C refrigerant lines, a new retaining wall, and an irrigation well. Unit 4 (3/2) is fully renovated with all-new vinyl plank flooring and new bathrooms. Units 1 and 2 feature beautiful, durable terrazzo floors.Ideal for the investor seeking immediate cash flow with room to grow, or the savvy buyer who wants to live in the updated 3/2 unit while three rentals help cover the mortgage. Private storage for every tenant, coin laundry on-site, and a coastal location that keeps demand strong year-round. Dont miss this one.

Features

  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Range
  • Refrigerator
  • Washer
  • Central Air
  • Carpet
  • Ceramic Tile
  • Luxury Vinyl
  • Terrazzo
  • Central
  • 1.0 Story
  • $11,158 Taxes
  • Public
  • Built in 1968
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: 60600.00
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Days on Site: 66
  • Directions: Take I-95 to Exit 265 (LPGA Blvd). Head east on LPGA Blvd toward the beach. Turn right on N Atlantic Ave. Continue south, then turn left on Harvey Ave. Turn left on N Grandview Ave. Property is at 835 N Grandview Ave on your right.
  • Exterior: Block
  • Exterior Features: Balcony, French Doors, Hurricane Shutters, Private Entrance, Storage
  • Flood Zone Code: X
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Terrazzo
  • Foundation: Block
  • Garage: 1 car attached
  • Heating: Central
  • Home Warranty Y/N: No
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan
  • Lease Terms: Twelve Months
  • Listing Terms: Cash, Conventional, FHA
  • Lot Dimensions: 0.24
  • Lot Size: 0.24 Acres
  • Other Equipment: Irrigation Equipment, Private Entrance
  • Ownership: Fee Simple
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Showing Instructions: 24 Hour Notice, Appointment Only, ShowingTime
  • Special Sale Provisions: None
  • Stories: 1.0
  • Taxes: $11,158
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Sprinkler Well, Water Connected
  • Water: Public
  • Water Access Y/N: No
  • Windows: Double Pane Windows
  • Year Built: 1968
  • Zoning: 0804-IMP