RARE TURN-KEY multifamily opportunity located in the heart of Deland! This Triplex with 3 spacious 1 bed 1 bath units features over 1700 sqft of living space. 2 units are on year-long leases and 1 unit is vacant, all on separate electric meters. The triplex went through an extension renovation in the last five years, with new electrical, kitchens, paint, ceramic tile flooring, bathrooms and roof 2016! WOW! Sit back and start collecting checks today. A GREAT OPPORTUNITY for new investors or seasoned ones looking to add to their portfolio. Come check out this triplex before it is too late!
429 & 431 W Rich Avenue, DELAND: UNIQUE INVESTMENT OPPORTUNITY HISTORIC DISTRICT OF DOWNTOWN DELAND STETSON UNIVERSITY - Extremely well kept duplex featuring 2 different sized units: ***429 W Rich Ave is 3 bedroom, 2.5 baths, 1,502 sqf with open living and dining area, cute kitchen, powder room and lots of closet space on the bottom floor and bedrooms/baths on the second floor. The A/C was replaced in 2014 and has been serviced every year. ***431 W Rich Ave is 2 bedroom, 1.5 baths, 1,350 sqf, open living room, kitchen, living and powder room on the ground floor and 2 bedrooms upstairs sharing a Jack and Jill bathroom. The air handler was replaced in 2002 and the inside unit in 2009. ***Roof was replaced in 2018. Both units have sliding doors to a front porch, perfect for your morning coffee, a spacious backyard and covered carport. The laundry room is accessed from the carport. This property is close to downtown, Stetson University, Volusia County School Board and has easy access to SR 44 (the Beaches) and SR 92. This is a unique opportunity to live and/or invest close to the heart of DeLand and its award winning Mainstreet. $20,000 seller credit for updates at closing. "All content displayed within this site is thought to be accurate, but not guaranteed. Website users, buyers and agents are advised to verify all information."
GREAT OPPORTUNITY FOR INVESTMENT !! No HOA ! Solid concrete Block duplex with 2 bedrooms and 2 full baths in each unit. Both units have newly updated AC systems PLUS some bathroom and kitchen updates !! Side B has just been painted. Convenient to shopping and I4 !! Side B is recently vacant. And side A has a long term month to month tenant paying below market rent ($1200) .
Mobile Home Park in Deland FL. 27 LOTS total. 13 Existing Park owned mobile Homes & 14 Vacant Lots. Annual Rental Income of $217,920. Fully developed mobile home park on over 4 acres of land. 3.5 Acre Adjoining parcel may also be purchased as a separate transaction. FINANCING OPTIONS AVAILABLE 25% down / 7-9% rate / 5 year term / 25 year amortization Current MONTHLY RENTAL INCOME of $18,160 with value add opportunity up to 14 additional rental units. Current monthly rental income of $18,160. Annual Rental Income $217,920. $13,774 2023 Real Estate Taxes. $4,968 Insurance Annual expense. $2,160 Garbage & Dumpster Annual expense. $6,000 Lawn Care Annual expense. Tenants pay their own utilities (electric, water, and propane). Public Water & Public Sewer.
Fully Renovated Duplex built in 2006!... It features luxury kitchen cabinets with granite countertops, new vanities, and fixtures throughout. This amazing income-producing property is TURNKEY. Built in 2006, roof was replaced in 2021! As well as A/Cs. Each unit has 2 beds/1 bath and great ample space with almost a 1000 living sqft each. Both units are currently occupied by reliable tenants, generating a total monthly rental income of $2,925!! Almost $3K/month! All units are rented for full market value between $1450-1475! This is an attractive investment opportunity with consistent cashflow and amazing growth opportunity... Ton of potential to keep increasing rents long term.
Multi Parcel Package consisting of two homes; 404 S Brooks Street 1BR/BA (PID 17 17 30 02 22 0050) and 1010 Camphor Lane 5BR/3BA PID ( 17 30 17 02 22 0010) Just now available…Very close to award winning Downtown DeLand This One of a Kind” Historic Florida Vernacular charmer with a fascinating history… originally constructed as Two separate residences then the two were carefully dovetailed/connected to form one residence around 1915. The oldest portion of the home is the west side dating back to circa 1872. According to the historical society, this home is Popularly known as the “Stetson Carriage House” and was the former home of the caretaker of John B Stetson’s personal home and grounds, known as the “Stetson Mansion” that’s right across the street! This stately and enchanting home offers 5 BR/2BA (3571 SF )in the main home, plus a spacious well appointed detached In-law suite with 1 BR/1BA ( 1200 SF) nestled on a Huge lot that’s .81 +/- acres! There’s also the Possibility of splitting off the west corner of the lot to build an additional home, perfect for creating your own family compound! Enjoy cooling off in the huge ( commercial size) swimming pool perfect for enjoying large backyard parties and gatherings. The moment you step inside this home you are welcomed by the open airy style with high ceilings and lots of natural light streaming in from the many windows through out the home. Much of the flooring are the original heart pine. Also, the Original doors, baseboards and Millwork are found in most rooms adding to the character and charm. This home has a very Versatile floor plan. The large Owner’s suite is Conveniently located on the first floor with its own fireplace and en-suite bathroom. The second floor of the home is accessed by way of the impressive, sprawling staircase with a lovely landing that overlooks the private backyard and pool area. As you Continue upstairs there are four additional generous sized bedrooms. ( the fourth room is great for a home office or craft room). An abundance of storage, built ins and closets are found in many of the rooms. Plus the third floor/attic that is accessed via its own private staircase is currently serving as extra storage space, however, could easily be finished into additional living space if the new owners desire. Rare opportunity to acquire a home like this with signature craftsmanship, incredible history, making it a true piece of art. All this and it’s sitting on close to 1 acre of land that provides privacy and the possibility of dividing off a lot or adding another home to complete as a family compound.
LOCATION LOCATION LOCATION!! Investor Alert. Check out this beautifully maintained historic Triplex in the heart of Downtown Deland. This property consists of a two-story building with 2- 2 bedroom/1 bath units and a detached 1/1 cottage. All units are full of character and charm, and are walking distance to shopping, dining, and all downtown Deland has to offer. You are only 1 mile from Stetson University. Don't let this investment opportunity pass you by. Call today to set up your private showing. All information taken from the tax record, and while deemed reliable, cannot be guaranteed.
Investor Alert! Fully rented triplex centrally located in the heart of DeLand's Historic Garden District!. All tenants are on annual leases and pay their own electric and water. there are two units in the main house (2 bedroom/1bathroom and 1 bedroom/1 bathroom. The historical main house was renovated in 2003/2004 and had new roof installed in 2018. Lovely wood floors and decorative fireplace with large rooms and open kitchen. Washer/Dryer is situated in kitchen for easy access. The detached studio apartment was remodeled in 2017 and has a rustic charm with 14' ceilings, overhead loft area, large living area, and laundry room right off of bathroom. New mini-split AC and heater! There's even an extra storage area for the studio tenant's use and private courtyard. Each apartment has one
The median home value in Deland, FL is $365,500. This is higher than the county median home value of $333,000. The national median home value is $338,100. The average price of homes sold in Deland, FL is $365,500. Approximately 54.73% of Deland homes are owned, compared to 36.31% rented, while 8.97% are vacant. Deland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Deland real estate agent to arrange a tour today!
Deland, Florida has a population of 36,528. Deland is more family-centric than the surrounding county with 27.15% of the households containing married families with children. The county average for households married with children is 21.29%.
The median household income in Deland, Florida is $59,641. The median household income for the surrounding county is $56,786 compared to the national median of $69,021. The median age of people living in Deland is 40.2 years.
The average high temperature in July is 92 degrees, with an average low temperature in January of 46.9 degrees. The average rainfall is approximately 54.6 inches per year, with 0 inches of snow per year.