OFF-MARKET Turn-Key Quadplex

House

2619 ft²

6 Bedrooms

4 Baths
Rental

$319,900 0

Status : Available

Year Built : 1959

Description

Daytona Beach Quad-plex with three recently updated units and one in need of minor rehab / updating(Optional). This concrete block Quad-plex built in 1959 features two 2 bed, 1 bath units and two 1 bed, 1 bath units with 2,619 square feet of living space. The property has long term lease tenants paying $850 and $900 a month for the 1/1's, $750 and $1,025 a month for the 2/1's. The unit needing minor repair will need minor cosmetic updates as the structure of the property appears to be in good shape. The property can be managed by Capital Property Management at a reduced rate. With the current income and making the necessary updates and repairs to the one unit needing rehab, the return for this property will be well over 13%.