822 Forest Lane
Daytona Beach,
FL
32114
Property Details
List Price: |
$274,900 |
Beds: |
3 |
Baths: |
2 |
Status: |
Active |
SqFt: |
1216 |
Agency: |
eXp Realty LLC |
Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
1950 |
Notes: |
This property offers an impressive approximately 14% ROI annually. Currently used as a residential income duplex but also grandfathered in for commercial use. The front unit features 2 bedrooms, 1 bath, and a kitchen/living area, while the back unit offers 1 bedroom, 1 bath, a large living area, and a kitchen. Both units are currently rented, providing a combined gross monthly/annual income of $2,000.00/$24,000.00. Both units have undergone recent renovations, including HVAC, roof, floors, water heater, walls, doors, and fixtures. The property boasts two separate driveways for parking on the east side, along with a large parking area on the west side accessible via Edwards Street. Furthermore, the property's commercial zoning offers numerous business classification opportunities, making it versatile for various uses such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial space. Don't miss out on this lucrative investment opportunity! |
MlsNumber: |
O6192140 |
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Listing Provided By: |
eXp Realty LLC, original listing |
Name: |
eXp Realty LLC |
Phone: |
(888) 883-8509 |
Office Name: |
EXP REALTY LLC |
Office Phone: |
(407) 392-1800 |
Agent Name: |
Simon Diaz |
Disclaimer: |
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |