Beds: 7 Baths: 5 Sq. Ft: 3600
ARV: $200k Repairs: $35k Rent: $2800/mo
Here’s a multifamily package in Daytona Beach. It consist of two duplexes and a vacant lot all zoned multifamily. Properties are separately metered for electric, but only connected to one water meter where the owner only pays an average of $100 per month. First corner lot duplex has 1 unit occupied at $700 per month and the second unit is vacant and needs flooring in main areas, kitchen counter tops and cabinets left to install. The second duplex next to the vacant lot is in need of a full rehab. Roof has caved in due to hurricane damage. One duplex has a 2 bedroom and 1 bathroom on each side and the other is a 2 bedroom and 1 studio unit. Market rent in the area ranges from $725 to $800 per month. Don’t miss out on this income producing opportunity!
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