16 S GRANDVIEW AVENUE, DAYTONA BEACH FL 32118

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$499,999

16 S GRANDVIEW AVENUE, DAYTONA BEACH, FL 32118

bedrooms

bathrooms

square feet

2,972

Acreage

0.11

Open Houses

year built

1910

Full Baths

Half Baths

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CASH COW OPPORTUNITY! Located in the heart of all of Daytona's Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash flowing machine. 6 Beds 8 Baths. INCOME AT 3,225.00+ PER MONTH EVEN WITH 2 UNITS OWNER OCCUPIED. AND AN OPPORTUNITY TO DOUBLE RENTS IMMEDIATELY. Walking distance to the Main Street Pier and Beach Access. This property is producing a NOI of 24,800.00 per year with plenty of room for easy increases rents have not been increased in years. This prime piece of investment property offers One (1) One Bedroom - Two Bathroom Unit. Three (3) One Bedroom - One Bathroom Units and (3) Three Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. House is on ONE SINGLE METER. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. No leases are in place to allow for new buyer to do renovations and increase rents quickly. However tenants are in place now for instant return on investment. This is the multi family property you've been waiting to acquire to your investment portfolio! Call today to inquire more information.

Location
Subdivision	ROGERS SEABREEZE
County	Volusia
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: NS1081584

Listing agent: James Mcqueen #3555293

Listing broker: Lpt Realty, Llc. (877) 366-2213

Last update: Saturday, February 22 2025 at 9:10 p.m. EST

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