62 S Orchard St, Ormond Beach, 32174

REDUCED 3% Multifamily - Triplex For Sale in Magnolia Grove

$339,000

5Beds
Baths
344Sqft
.74Acres
1952Built
MLS® #: 1056019
Active

INCOME PRODUCING PROPERTYInvestor Alert!!! 10% ROI This is a MONEY MAKER! BRING ALL OFFERS! Fantastic opportunity in desirable Ormond Beach!Newly updated triplex with all units currently rented (long term tenants)Property consists of 2 one bedroom units and one 3 bedroom unit. 4 ELECTRIC METERS so you can make it a QUADPLEX once again! EASY TURN! Possibility for further development of the property.Freshly painted and updated.Oversized lot is perfect for storage of rv s and boats Bring your toys! Shade trees, more than ample parking available located on a .84 acre lot in the centre of Ormond Beach Current rents are below market value. long term tenantsPossible assumable mortgage

Essential Information

MLS® #: 1056019
Price: $339,000
Bedrooms: 5
Square Footage: 344
Acres: 0.74
Year Built: 1952
Type: Multifamily
Sub-Type: Triplex
Style: Stand Alone
Status: Active

Community Information

Address: 62 S Orchard St
Area: 42 - LPGA to Granada, W of Nova & E of 95
Subdivision: Magnolia Grove
City: Ormond Beach
County: Volusia
State: FL
Zip Code: 32174

Amenities

Features: Corner Lot
Parking: Guest, Off Street
Is Waterfront: Yes
Waterfront: None

Interior

Interior Features: Cable TV, Ceiling Fans, Smoke Detector, Individ Storage
Appliances: Dishwasher, Range, Refrigerator, W/D Hookup
Heating: Electric
Cooling: Wall/Window Units

Exterior

Exterior Features: Outbuilding
Lot Description: 32250
Roof: Composition Shingle
Construction: Concrete Block

Additional Information

Zoning: 0800 MFR

Listing Details

Listing Office: Beach Towne Brokers

Financials

$/SqFt: $985

© 2019 Daytona Beach Area Association of REALTORS®

Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.