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274 LAWS LANE

Multi-family For Sale
$639,900

BTC: 10.23003592

ETH: 201.62395667

13 days
0 room(s)
1,708 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.

Location

Facts and features

Type:
Residential Income
Parking:
Off Street
Year Built:
1960
Lot:
0.15 Acres
Heating:
Central
Price/sqft:
$375
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

    • Crown Molding

    • Ninguno

  • Parking

    • Off Street

    Property

    • Levels: Two

    • Exterior Features: Outbuilding

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 424108020200

    • Zoning: MULTI

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,664

  • Source details

    • MLS ID: V4935709

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: Common Area

    • Living Area: 1708

    • Water Source: Public

    • Lot Size Dimensions: 60 x 110

    • Subdivision Name: LIBERIA ADD ORMOND FLA

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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: CALNAN REAL ESTATE