228 Bay Street, Daytona Beach, FL
Multi-family for Sale - $439,000 - 2,074 Sq. Ft. on 0.14 acres


Property Info
CIMLS# | 968863 |
Location 228 Bay Street Daytona Beach FL 32114 | |
Updated | December 5th, 2017 |
Type | Multi-family |
Price | $439,000 |
Building | 2,074 Sq. Ft. |
Land | 0.14 acres |
Property Description
Cash Cow and Incredible Money Maker are words to describe this fully rented/occupied 9 unit well maintained multi family building. Producing a 13.67% CAP RATE! Full kitchen and bathroom in every unit. New roof done in 2007. Fully occupied with long term tenants. This incredible building consists of Two Large 1 Bedroom units and Seven Large Efficiency units. Property is located just a few streets from the river and less than 2 miles from the beach. This property is conveniently located close to schools, churches, restaurants, entertainment, shopping malls and public transportation for tenants use. Daytona Beach's Newest/Coming Attractions feature Daytona One; The Daytona Beach Convention Hotel & Condominiums; Hard Rock Hotel; & Latitude Margaritaville. Don't miss out on your chance to ....
start making extra money.. This one will simply not last long!
Location Description:
From A1A and US-92 (ISB) go W towards Deland. Turn right on N Ridgewood Ave(US-1). Take the 2nd Right onto Bay to 228
Highlights:
>> 9 Units: 2 Large 1 Bedrooms / 7 Studios
>> New Roof
>> Perfect Investment
>> Money Maker
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