141 Fairview Ave Daytona Beach, FL 32114
SQ FT: 2558
LOT SIZE: 13750
BUILT IN: 1903
Cash Flow: $868 per month
Cash on Cash ROI: 14.37%
Cap Rate: 8.02%
Wonderful Cash flowing quadplex for the buy and hold investor. This 4 unit rental property currently has great long term tenants and no vacant units.
Unit #1-3 bedroom/1 bath. Currently rented for $800 including electric. Lease ends 6/30/21
Unit #2 1.5 bedroom/1 bath Currently rented for 2/12/21 at $1,000 and $30 water.
Unit #3- 1.5 Bedroom/1 bath. Currently rented for $1100. Lease ends 11/30/21
Unit #4- Efficiency- Currently rented for $600 including electric could be increased. Month to month Gross potential rents $3,500/month= $42,000/year. Water charge $360.00/year.
Available on 02.09.2021
Don’t let this excellent opportunity pass you by! Get it yours now!
DISCLAIMER: Florida Investor Deals does not own these properties nor does Florida Investor Deals hold itself out to represent the owners of these properties. These are not Florida investor deals listings. Values are strictly an opinion. Consult an appraiser for true values. Florida investor deals disclaims all liability for the actions or inactions taken or not taken as a result of communications from or to its officers, directors, and members. Florida investor deals does not hold direct contract with the owner of this property
The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement