Property Listing No Longer Available for Sale

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
UpdatedDecember 5th, 2017
TypeMulti-family
Price$439,000
Building2,074 Sq. Ft.
Land0.14 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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Financials


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