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Ormond Beach,FL 32174
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,708 sqft
Price per Sqft $322
Subdivision Liberia Add Ormond Fla
MLS Listing ID V4935709
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1960
Annual Tax Amount $5,663
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 60x110
Property Description
Under contract-accepting backup offers. Great New Price! Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.
Location
State FL
County Volusia
Community Liberia Add Ormond Fla
Zoning MULTI
Interior
Interior Features Ceiling Fans(s),Crown Molding,Ninguno
Heating Central
Cooling Wall/Window Unit(s)
Furnishings Furnished
Fireplace false
Laundry Common Area
Exterior
Exterior Feature Outbuilding(s)
Garage Off Street
Utilities Available Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected
Roof Type Other
Garage false
Private Pool No
Building
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Construction Status Inspections
Schools
Elementary Schools Pine Trail Elem
Middle Schools Ormond Beach Middle
High Schools Seabreeze High School
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None