Active

$349,900

Features:
  • 6 Bedrooms
  • 3 Bathrooms
  • 2304 sq ft
Overview
  • ID: MFRO6375014
  • Bedrooms: 6
  • Bathrooms: 3
  • Size: 2304 sq ft
Property Details
Remarks
Income Producing Triplex - SELLER FINANCING AVAILABLE. Discover a strong cash-flowing investment opportunity with this well-maintained triplex in the heart of Daytona Beach. Consisting of two buildings with three separate units, this property is a proven income producer, currently generating $40,800 in annual rental income, with upside potential through rent increases or value-add improvements. Each unit is individually metered for electric and water, minimizing owner expenses and maximizing operational efficiency. The property also includes an additional fenced lot, providing flexibility for future development, storage, or added amenities. The roof was replaced in 2017, offering peace of mind and reduced near-term capital expenses. Ideally located just minutes from shopping, dining, entertainment, and the world-famous Daytona Beach, this property blends the appeal of coastal living with the fundamentals of a solid investment. Whether you’re a seasoned investor looking to expand your portfolio or a buyer entering the multifamily market, this is a rare opportunity in a prime location. Seller financing available to approved buyer with down payment.
Financial Considerations
Price:
$349,900
HOA Fee:
N/A
Tax Amount:
$3773.97
Price per SqFt:
$151.87
Tax Legal Description:
LOTS 1 & 2 BLK 1 SUB W 2/3 OF LOT 6 BLK 26 DAYTONA MB 4 PG 20 MB 16 PG 77 PER OR 5011 PG 2388 PER OR 7448 PG 0364 PER OR 7551 PG 4145 PER OR 7763 PG 2131
Exterior Features
Lot Size:
11448
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
3
Heating:
Ductless
Cooling:
Mini-Split Unit(s), Wall/Window Unit(s)
Appliances:
Microwave, Range, Refrigerator
Furnished:
No
Floor:
N/A
Levels:
Two
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1928
Construction Type:
Block, Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    538 LOOMIS AVE
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