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Tammy Blanchard
(407) 514-2800
Mobile Phone:
(407) 873-9470
tblanchard@myfloridamove.com
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Tammy Blanchard
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(407) 514-2800
Mobile Phone:
(407) 873-9470
tblanchard@
myfloridamove.com
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(407) 514-2800
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SOLD
$860,000
Date 05/01/2024

102 Cascade Street
Deltona, FL 32725

Fourplex, Multi-Family
Residence
11
Beds
8
Baths
8,147
Sqft
0.75
Lot Size
Courtesy: DOYLE PROPERTIES INC, 386-738-0577
Introducing a rare gem in the real estate market - a collection of four detached single-family residences on a 3/4-acre site, boasting frontage on three streets. With a total of approximately 8,147 square feet of living area, this property offers a unique blend of space, privacy, and convenience. The property features three, 3 bedroom, 2 bath and one, 2 bedroom, 2 bath homes. Each home has been updated featuring, newer kitchens, bathrooms, and floor coverings. Attention to detail is evident, with short-lived items promptly replaced and nominal deferred maintenance across all units. Currently, three of the residences are occupied, while one has been freshly renovated and is slated to be leased. With rents considered below market, there is opportunity to increase the rental income upon the respective lease expirations. Each of the homes have wooden decks that are undergoing renovation at the present time. Positioned at a price point that promises a high cap rate and a low gross rent multiplier compared to similar properties in the area, this offering presents an enticing opportunity for astute investors seeking a reliable income stream with significant potential for growth. Don't miss out on this exceptional investment opportunity with the promise of substantial returns. Each of the homes are separately metered for utilities.
V4935558
Fourplex, Multi-Family, Other
11
Volusia
8
1981
0.75 Acres
Public
Block
Public Sewer
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Transit Score

Courtesy: DOYLE PROPERTIES INC, 386-738-0577


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