~11% Cap Rate! New roof to be installed prior to closing! Welcome to an exceptional investment opportunity just minutes away from the beaches and vibrant downtown scene of Daytona. This four-unit property is strategically positioned to offer both convenience and profitability, boasting a prime location that promises an attractive rental market. With a generously sized parking pad (over 10 cars) and the potential for further expansion, accommodating tenants and visitors is effortless, ensuring convenience and satisfaction for all.
Each unit within this complex is a testament to both comfort and financial viability, consistently delivering strong rental returns and bolstering cash flow for discerning investors. Moreover, the property's proximity to both the beach and downtown Daytona enhances its appeal, promising tenants an enviable lifestyle enriched with leisure and entertainment options.
Embracing modernity and efficiency, the property is equipped with natural gas hookups. With four units in total, this investment opportunity offers a versatile blend of income generation and personal use potential. Imagine residing in one unit while the rental income from the others offsets your living expenses ? a truly enticing proposition for any investor seeking to maximize returns.
Don't miss out on the chance to capitalize on the allure of beachside living and lucrative rental income ? seize the opportunity to make this property your next successful investment venture. Showings are available by appointment through the listing agent. **This is part of a package deal (can be single purchase or in package) with 2 more 4 plex units in the same area.** Don't miss out on this rare chance to own a slice of Daytona Beach's thriving real estate market ? seize the opportunity today! TENANT OCCUPIED, DO NOT DISTURB PLEASE. Call for appointment.
Features
7 bedrooms
4 bathrooms
2850 sq. ft. floor area
crop_free9000 sq. ft. lot size
cottageSingle-Family
Property history for 549 Mulberry St
2021
Sold
$279,000
10 Dec 2021 by Jonathan Paulino, of LoKation® Real Estate
2020
Sold
$180,000
28 Feb 2020 by Skip Stamper
2014
Sold
$95,000
09 Jun 2014 by Jill Long, of J LONG REALTY GROUP LLC
Happy sellers in Daytona Beach
94%
sentiment_very_satisfied
94% of sellers in Daytona Beach reported that their sale price either exceeded or met their price expectations.
Daytona Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 3 reviews in Daytona Beach over the last 12 months.
Local market activity for 7 bedroom single-family properties in Daytona Beach
Sold
For Sale
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