640 N Wild Olive Ave, Daytona Beach, 32118

Residential - Single Family For Sale in East Daytona

$589,000

4Beds
4Baths
2,628Sqft
.19Acres
1918Built
MLS® #: 1068192
Active

This is a ''one-of-a-kind'' income property that you have to see to believe. This ''1-4 family'' investment property has the ability to produce an annual ''potential gross income'' of $67,000 generating a very favorable ''cap rate'' of ~9.2%, based on the general area's market rents. The landlord is moving out of the area and is leaving the property in absolute pristine condition for the next owner to either rent the units or possibly choose to live on-site and manage the remaining units for income purposes. All measurements are deemed to be approximate and accuracy must be verified.This turn key home has been renovated from top to bottom with hand stained wood ceilings, stainless appliances, mosaic backsplashes, and custom artwork abound.

Essential Information

MLS® #: 1068192
Price: $589,000
Bedrooms: 4
Bathrooms: 4.00
Full Baths: 4
Square Footage: 2,628
Acres: 0.19
Year Built: 1918
Type: Residential
Sub-Type: Single Family
Status: Active

Community Information

Address: 640 N Wild Olive Ave
Area: 15 - Daytona Peninsula N of Seabreeze
Subdivision: East Daytona
City: Daytona Beach
County: Volusia
State: FL
Zip Code: 32118

Interior

Cooling: Central

Exterior

Lot Description: 55x150
Construction: Concrete Block, Stucco Cover, Frame

Listing Details

Listing Office: NSB Homes LLC

Financials

$/SqFt: $224

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© 2020 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.