Address Withheld
Welcome to one of the most unique investment opportunities in DeLand! Nestled close to town, schools and shopping is an over 2-acre parcel that offers privacy and seclusion more akin to what you would find in a more rural area. On this lovely parcel there are 5 residential structures with a total of 6 residential units, all of which are currently rented as income properties. These units, which were built between 1936 and 1960 according to the public records, are frame structures of the Florida vernacular style. The units include three single families with 1 bedroom / 1 bath, one single family with 2 bedrooms /1 bath, and one duplex with 1 bedroom / 1 bath on each side. All units are connected to public water and the water supply system from street to all units was replaced in 2021. The units share a common septic system and drain field which was replaced in 2017, with a new septic pump in 2020. One unit received a new roof in 2022. The possibilities of this property are endless. The next owner could continue to operate as a cash-flow investment, possibly even contemplating adding additional units. Or a group of friends could consider purchasing as a one-of-a-kind shared living community/farm. The only limit is one's imagination!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyVolusia
- Taxes$5,096
- HOA/Condo/Coop Fees$0
- Days on Site41 Days
- MLS StatusActive
- MLS ID NumberV4932753
- Home Size Source Owner
- Year Built1936
- Lot Size2.11 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Septic Tank
- Acreage 2.11
- Water Public
- Property Sub Type Multi Family
- Utilities Electricity Connected
- Foundation Pillar/ Post/ Pier
- Zoning 01R7
- Ownership Fee Simple
- Parcel Number 17-30-04-00-00-0260
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Wall Units / Window Unit
- Interior OtherWindow Treatments
- Fireplace No
Exterior Features
- Roof Shingle
- Waterfront Property No
- Exterior Lighting
Community Features
- Township 17S
- Senior Community No
- MLS Area 32724 - Deland