639 N RIDGEWOOD Avenue Daytona Beach FL

Courtesy of DLP Realty

Description

15% CAP High yield investment, creative financing available including possible owner financing. Listed at $375K. Perfect for aggressive owner investor. 14 Units, 7 buildings. 6 Commercial storefronts + 9 residential units = perfectly mixed portfolio. Rental estimate is approx $500-$700/month for each of the 6 commercial storefronts and $400-$600/month for each of the 9 residential units. Additional storage building on property for maintenance/supplies. Hotel/motel license in place, buildings can be rented on a short or long term basis. Includes Volusia County parcels 5338-01-09-0120 and 5338-01-09-0030 for total of 1.06 acres U.S. Highway 1 frontage, Daytona Beach, Florida. Paved parking. Walking distance from local downtown entertainment. Priced to move at only $25,000 per unit.

Property Facts

Status
Active
Year Built
1949
Property SubType
5+ Units

Map

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Daytona Beach Area Association of REALTORS in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright© 2016 Daytona Beach Area Association of REALTORS®. All rights reserved.

Updated: 28th June, 2017 6:11 PM.

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120 Flagler Avenue
New Smyrna Beach, FL 32169
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The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Daytona Beach Area Association of REALTORS in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright© 2016 Daytona Beach Area Association of REALTORS®. All rights reserved.

Updated: 28th June, 2017 6:11 PM.