16 S GRANDVIEW AVENUE, Daytona Beach, FL 32118

  • $499,999
16 S GRANDVIEW AVENUE, Daytona Beach, FL 32118
Active Completed
16 S GRANDVIEW AVENUE, Daytona Beach, FL 32118
16 S GRANDVIEW AVENUE, Daytona Beach, FL 32118
  • $499,999

Overview

Property ID: HZNS1081584
  • Multi-Family, Commercial Sale
  • Property Type
  • 2972
  • Square Feet
  • 1910
  • Year Built

Description

CASH COW OPPORTUNITY! Located in the heart of all of Daytona’s Highest Attractions. You will find a well maintained 6 unit Multi-Family property that could be your next cash flowing machine. 6 Beds 8 Baths. INCOME AT 3,225.00+ PER MONTH EVEN WITH 2 UNITS OWNER OCCUPIED. AND AN OPPORTUNITY TO DOUBLE RENTS IMMEDIATELY. Walking distance to the Main Street Pier and Beach Access. This property is producing a NOI of 24,800.00 per year with plenty of room for easy increases rents have not been increased in years. This prime piece of investment property offers One (1) One Bedroom – Two Bathroom Unit. Three (3) One Bedroom – One Bathroom Units and (3) Three Studios With Bathrooms and Kitchenettes. Optimized For Maximum Rental Income Per Square Foot. A truly turnkey property that has plenty of income potential that has yet to be tapped into. Not In A Flood Zone And Did Great With The Hurricanes. 2018 Updated Roof. Each Unit Is Air Conditioned Via Window Unit. House is on ONE SINGLE METER. A Pre-Listing Inspection Has Been Performed Without Any Major Repairs Needed. Solid electrical and plumbing. Invest into a growing Area In Florida. Long term tenants are in place and have been in place for multiple years. Owner occupies two units and will be an opportunity for instant income increase. No leases are in place to allow for new buyer to do renovations and increase rents quickly. However tenants are in place now for instant return on investment. This is the multi family property you’ve been waiting to acquire to your investment portfolio! Call today to inquire more information.

  • Address 16 S GRANDVIEW AVENUE
  • City Daytona Beach
  • State/county FL
  • Zip/Postal Code 32118

Details

Updated on January 31, 2025 at 12:49 am
  • Property ID: HZNS1081584
  • Price: $499,999
  • Property Size: 2972 Square Feet
  • Land Area: 0.11 Acres
  • Garage Size: x x
  • Year Built: 1910
  • Property Type: Multi-Family, Commercial Sale
  • Property Status: Active

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Schedule a Tour

Your information

360° Virtual Tour

What's Nearby?

Please supply your API key Click Here

Contact Information

View Listings
Bridge Point
  • Bridge Point

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare
Bridge Point
  • Bridge Point