227 W Wisconsin Ave Deland, Florida 32720 Assigned

  • $379,000
  • 9 beds
  • 5 baths
  • 2,880 sqft
Assigned

227 W Wisconsin Ave Deland, Florida 32720

BEDS: 9
BATHS: 5
SQ.FT.: 2,880
YEAR BUILD: 2000
POOL: No
TAVES: $3,669
Huge opportunity to grab this 2000 Built Triplex in Deland that is located in walking distance from downtown & Stetson University. The package consists of one 3/2 and two 3/1.5’s and an xtra vacant lot which could be developed but you have to change the zoning with the city which they already approved with property being so close to downtown. 1 unit is rented at $1150 monthly with the lease running until end of August 2020. The 3/2 is currently rented at $1350 with Section 8 tenant and the other 3/1.5 unit recently remodeled is now vacant ready for another $1350 section 8 tenant. You can contact Deland Housing Authority a verify they will pay $1300 if it does not include water and $1350 if it includes water. This is the way to go to maximize that cash flow!!! The other unit once the lease is up in August 2020, you can rent that unit for another $1350 which at that time all units will bring in $4050 monthly! ! Call me for more details or a showing.

PURCHASE PRICE: $379,000 + Closing Costs
Gross ROI: 12.64 %

Available on 08.05.2020

Don’t let this excellent opportunity pass you by! Get it yours now!

Make An Offer On This Property

  • This field is for validation purposes and should be left unchanged.
Price:
$379,000
Address:
227 W Wisconsin
Ave Deland, Florida 32720
Square Feet:
2,880
Bedrooms:
9
Bathrooms:
5
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
2000

Additional Features

227 W Wisconsin Ave Deland, Florida 32720. One 3 bed 2 bath and two 3 bed 1 and 1/2 bath. The two 3 bed one and half bath are rented. The 3 bed 2 bath is being renovated. Expected rent on all $3,700 a month. Catch it now with the opportunity to live in the the 3/2. Or keep all as great income. Metal roof! Wood decks off each unit. Public Water and sewer. Tenants pay their own electric. Owner pays water.

Call (954) 280-5883 for more details

Property Location