451 HICKORY STREET

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!