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801 S RIDGEWOOD AVENUE

House Active With Contract
$495,000

BTC: 7.48864789

ETH: 159.28434669

31 days
8 bds
4 ba
2,866 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. Nestled in the heart of vibrant Daytona Beach, this four-unit investment property presents a golden opportunity for discerning investors. BONUS: Zoning allows for short-term rentals! Either long term or short term rentals, his property offers versatility and the potential for lucrative returns. With a total of 8 bedrooms and 4 bathrooms spread across its 4 units, there's ample space to accommodate tenants and guests comfortably. Recent renovations include the replacement of all windows, while select units feature stunning hardwood floors, enhancing both aesthetics, insurance rates and durability. Generating strong rental income and boasting impressive cash flow, these units are in high demand, capitalizing on their proximity to the beach and downtown. This house has natural gas hookups and ample parking. Pro formas available upon request. Each unit commands a rental income of $1,200 per month, with significant upside potential for further growth. Offering the opportunity to live in one unit while allowing the others to cover expenses, this property presents an enticing proposition for owner-occupiers and investors alike. Showings are available by appointment through the listing agent. **This is part of a package deal (can be single purchase or in package) with 2 more 4 plex units in the same area.** Don't miss out on this rare chance to own a slice of Daytona Beach's thriving real estate market – seize the opportunity today! TENANT OCCUPIED, DO NOT DISTURB PLEASE. Call for appointment.

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1945
Lot:
0.15 Acres
Heating:
Baseboard / Wall Units / Window Unit
Price/sqft:
$173
Cooling:
Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Luxury Vinyl

    • Tile

    • Hardwood

    Heating

    • Baseboard

    • Wall Units / Window Unit

    Cooling

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

    Appliances

    • Gas Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 8

    • Full bathrooms: 4

  • Property

    • Levels: Two

    • Exterior Features: Courtyard

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 533903640012

    • Zoning: 02T3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $6,719

  • Source details

    • MLS ID: P4929827

    Other facts

    • Construction Materials: Block / Stucco / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: None

    • Direction Faces: Southwest

    • Living Area: 2866

    • Water Source: Public

    • Lot Size Dimensions: 83 x 79

    • Subdivision Name: HIGBEES DAYTONA ADD

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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 ©2024-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: REAL BROKER, LLC