OFF-MARKET Turn-Key Quadplex

  • House
    2619 ft2
    bedroom 6 Bedrooms
    bathroom 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%.
 Rehab Work Needed
 General Amenities
 Distance

 Summary

Overview
OFF-MARKET Turn-Key Quadplex Rental
$319,900
Property ID: FL190639537
Address: Login to View
City: Daytona Beach
State/Province: FL
Zip Code: 32114
Country: USA


Rental Analysis

+ Purchase Price: $319,900
+ Purchase Closing Cost: $9,597
+ Rehab Cost: $0
Total Acquisition Cost: $329,497


Monthly Rent: $0
+ Annual Potential Rent: $0
- Vacancy (3%): $0
Annual Gross Income: $0
Annual Gross ROI: 0%


 Message

2 X 2 = ?