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102 CASCADE STREET

Multi-family Recently Sold
$860,000

BTC: 13.91585761

ETH: 492.55441008

Sold on: 2024-04-30
3 days
11 bds
8,147 sqft

Overview

Introducing a rare gem in the real estate market - a collection of four detached single-family residences on a 3/4-acre site, boasting frontage on three streets. With a total of approximately 8,147 square feet of living area, this property offers a unique blend of space, privacy, and convenience. The property features three, 3 bedroom, 2 bath and one, 2 bedroom, 2 bath homes. Each home has been updated featuring, newer kitchens, bathrooms, and floor coverings. Attention to detail is evident, with short-lived items promptly replaced and nominal deferred maintenance across all units. Currently, three of the residences are occupied, while one has been freshly renovated and is slated to be leased. With rents considered below market, there is opportunity to increase the rental income upon the respective lease expirations. Each of the homes have wooden decks that are undergoing renovation at the present time. Positioned at a price point that promises a high cap rate and a low gross rent multiplier compared to similar properties in the area, this offering presents an enticing opportunity for astute investors seeking a reliable income stream with significant potential for growth. Don't miss out on this exceptional investment opportunity with the promise of substantial returns. Each of the homes are separately metered for utilities.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1981
Lot:
0.75 Acres
Heating:
Electric
Price/sqft:
$110
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$9,290
2023
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Split Bedroom

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 11

  • Property

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.75 Acres

    Other Property Information

    • Parcel Number: 803605060010

    • Zoning: PB

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,290

  • Source details

    • MLS ID: V4935558

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Fireplace: Yes

    • Living Area: 8147

    • Water Source: Public

    • Subdivision Name: DELTONA LAKES UNIT 29 & 37 REP

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DOYLE PROPERTIES INC