Active

$465,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 2221 sq ft
Overview
  • ID: MFRV4947850
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 2221 sq ft
Property Details
Remarks
Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3-unit gem sits on 2 lots with 3 tenants already in place—Prime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income-producing asset in the heart of DeLand. This multi-unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as-is,' this is a rare chance to acquire a high-return property in a sought-after Historic District with built-in demand, or live in the home & have a built-in income stream. Do not disturb tenants; the agent/owner is the landlord. 24-hour notice to show.
Financial Considerations
Price:
$465,000
HOA Fee:
N/A
Tax Amount:
$4604
Price per SqFt:
$209.37
Tax Legal Description:
LOTS 7 & 8 CLAKES SUB BLK 14 HOWRYS ADD DELAND MB 5 PG 2 MB 15 PG 175 PER OR 4681 PG 0556 PER OR 5488 PG 1446 PER OR 5705 PG 0764 PER OR 6118 PGS 1684-1685 PER OR 7441 PGS 3487-3488 PER OR 7618 PGS 3912-3913 PER OR 8727 PG 0344 PER OR 8729 PG 4113
Exterior Features
Lot Size:
15000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
Multi/Split
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1941
Construction Type:
Block, Cedar, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Yard, RV Hookup
Additional Features 2:
N/A
Map
  • Address
    318 S CLAKE ST
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