Active
1216 KENNEDY RD
$2,450,000
Features:
Property Details
Remarks
Welcome to Kennedy Garden Apartments, a 20-unit apartment building in Daytona Beach, FL. This meticulously maintained building offers a lucrative investment with strong rental potential and a desirable unit mix. Each of the 20 units features two bedrooms and one bathroom, offering approximately 900 square feet of living space. The roof of the building was replaced in 2019, ensuring structural integrity and providing peace of mind for both residents and property owners. There is an on-site leasing office that streamlines tenant interactions, leasing processes, and property management, enhancing the building's operational efficiency. Tenants are responsible for their electricity bills, while the landlord covers water and sewer expenses. With a fully occupied building and competitive rental rates, this property offers a consistent and reliable income stream for investors.
Financial Considerations
Price:
$2,450,000
HOA Fee:
N/A
Tax Amount:
$24295.18
Price per SqFt:
$123.4
Tax Legal Description:
W 137.45 FT OF S 260 FT OF N 465 FT OF LOT 8 BLK 20 MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3-4 PER OR 4050 PG 1941 PER OR 6814 PG 1926 PER OR 6950 PG 2448 PER OR 7664 PG 3055
Exterior Features
Lot Size:
35398
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
Two
Additional Features
Property Sub Type:
Multi-Family 5+
Style:
N/A
Year Built:
1974
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
- Address1216 KENNEDY RD
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