1517 MISSISSIPPI STREET

Legal Tri-plex is located just north of Halifax Hospital in a nice quiet neighborhood surrounded by mostly single-family homes with lots of surrounding new construction. Completely remodeled with newer windows, central AC in both 2/1 apts, new attic insulation, updated and newer kitchens, and baths with tile and vanities and new tub in apt 1, newer water heaters,3 Upgraded electric services with all new panels, riser and upgraded to 200 amps from 125 amps, updated plumbing, newer interior and exterior paint, newer landscaping, gravel parking for 6 cars, Termite bond. 3 units with $3050 per month income with room to increase easily. Brand new roof September 2022. Concrete block construction, even most of the interior walls are concrete. Apt 3 is rented at 750 (below market value) the seller is offering a credit of $2200 to bring it up to market rent for the remainder of the lease. The market rent per DBHA is 1025. The lease expires on 8/31/2023, so you can turn over the unit at that time. The seller is offering a credit of 5k for renovations for this unit so it can be renovated once the tenant vacates. Apt 1 and Apt 2 are both purposely vacant so the new owner can choose their own tenants. Cash buyers or min 20% down Only, at this point. Listing agent is Owner. NO seller financing or subject to financing. Recently appraised at $335,000. Easy to show! 3 electric meters AND 3 water meters. 2 miles to the Daytona Speedway and 4 miles to Daytona drive on Beach.