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451 HICKORY STREET

Multi-family Recently Sold
$550,000

BTC: 18.33333333

ETH: 275.00000000

Sold on: 2024-04-26
23 days
6 bds
2,268 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

BACK ON THE MARKET. BUYERS NOT ABLE TO CLOSE. PRICE UNDER APPRAISED VALUE. Calling all investors! 7% cap rate in this market with room to get to 8% soon! Updated concrete block triplex on over a half acre in New Smyrna Beach. 2021 Roof, freshly painted interior and exterior, updated plumbing and electric. Upgrades - granite, stainless steel appliances, gutters, flooring, fixtures, new mini split in unit 3, etc. This property has three units. The one bedroom, updated, has tile floor, and the two bedroom, updated with LVP floor, brand new kitchen, bath, fixtures, etc are on the first floor. The three bedroom with laminate, granite, spacious bedrooms, etc is on the second floor. The second floor unit has a private wrap around deck. Units 2 and 3 have their own laundry rooms. The upper unit pays all their own utilities, and the lower units utilities are paid by owner. Bills and documentation are available. The back of the oversized lot can be used for a future dwelling unit up to 1130 square feet. 4 rents from 1 property! Don't miss this amazing opportunity!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1945
Lot:
0.57 Acres
Heating:
Central / Other
Price/sqft:
$240
Cooling:
Central Air / Other
HOA:
No Data
All facts and features
  • Heating

    • Central

    • Other

    Cooling

    • Central Air

    • Other

    Other interior features

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Property

    • Levels: One

    • Exterior Features: Balcony / Private Mailbox

    Lot

    • Lot: 0.57 Acres

    Other Property Information

    • Parcel Number: 3807057

    • Zoning: 01R4

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $6,952

  • Source details

    • MLS ID: O6172497

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: Corner Lot

    • Living Area: 2268

    • Water Source: Public

    • Lot Size Dimensions: 125 x 200

    • Subdivision Name: INWOOD NEW SMYRNA

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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 ©2025-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: KELLER WILLIAMS CLASSIC