Active

$765,000

Features:
  • 22 Bedrooms
  • 21 Bathrooms
  • 2879 sq ft
Overview
  • ID: MFRFC314081
  • Bedrooms: 22
  • Bathrooms: 21
  • Size: 2879 sq ft
Property Details
Remarks
Outstanding income-producing multifamily property with short-term rental potential in the heart of DeLand! This fully leased 6-unit complex includes five 1-bedroom apartments and one 2-bedroom, 2-bathroom single-family home, generating a strong $7,940 per month ($95,280 annually) in rental income. The property has been extensively updated with a new roof (2023), new water lines (2023), and numerous interior improvements including updated plumbing, HVAC systems, flooring, and paint over the past two years. Situated on a large 22,462 sqft lot with 3,746 sqft of living area, the property is zoned for up to 10 units, offering space to add 4 additional units for increased income and long-term growth. Short-term rentals are permitted, providing flexible income strategies. Conveniently located near Downtown DeLand, Stetson University, shopping, dining, and major highways.
Financial Considerations
Price:
$765,000
HOA Fee:
N/A
Tax Amount:
$7493.45
Price per SqFt:
$265.72
Tax Legal Description:
LOTS 2 & 16 & E 1/2 OF LOTS 3 & 15 SUB BLK 7 HOWRY ADD DELAND MB 4 PG 68 PER OR 5305 PG 0853 PER OR 6472 PG 2381 PER OR 6508 PG 3023 PER OR 7065 PG 1398 PER OR 7198 PG 3103 PER OR 7252 PG 2903 PER OR 7278 PG 0176 PER OR 8332 PG 0674
Exterior Features
Lot Size:
22464
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Ground Level, Off Street, Oversized
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
22
Bathrooms:
21
Heating:
Central, Electric, Ductless
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1927
Construction Type:
Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Storage
Additional Features 2:
N/A
Map
  • Address
    410 W HOWRY AVE
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