346 Clifton Avenue Daytona Beach, FL 32117
Fantastic turkey investment property package of 3 properties 100% occupied with 16 tenants producing $14, 077.00 gross monthly income listed at an 8.5% cap rate based on actual 2023 financials. An unheard of 9% cap rate based on 2024 financials so far this year. You may have heard the term house hack or PadSplit, these are fully furnished rentals, rented out individually by the room. All furnishings are included in the sale, and 45 days of management training included. The current owners have been doing this business model since 2011. It's 100% turnkey, tenants are all on month by month leases for flexibility, however on average most tenants stay 12-18 months, some even longer All of the properties are in great shape and have no deferred maintenance. Properties included in the sale: Property #1: 6 bedroom 2 bath house, Property #2: 4 bedroom 1 bath house and detached studio apartment with full kitchen and bath. Property #3: 4 bedroom 2 bath house and attached studio apartment with full kitchen and bath. Full financials, property list, and additional details with signed non-disclosure agreements.
- Property TypeMulti-Family
- NeighborhoodHopkins
- CountyVolusia
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site20 Days
- MLS StatusActive
- MLS ID Number1123196
- Home Size Source N/A
- Year Built1955
- Lot Size0.29 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 346 Clifton Avenue Daytona Beach, FL 32117
3 weeks ago | |
3 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Style Other
- Construction ConcreteStucco
- Parking CarportLightedOff Street
- Sewer Public Sewer
- Electric 220 VoltsCircuit Breakers
- Acreage 0.29
- Water Public
- Property Sub Type Multi Family
- Zoning Single Family
- Listing Conditions Real Estate Owned
Interior Features
- Cooling CentralMultiple UnitsWall/ Window Units
- Heating CentralElectric
- Appliances DishwasherDryer in UnitMicrowaveRangeRefrigeratorWasher in Unit
- Interior Ceiling FansCommon KitchenCommon LaundryIndividual LaundrySmoke Detector
Exterior Features
- Roof Metal
- Exterior Public Busundefined
Community Features
- MLS Area 35 - Mason to LPGA E of 95