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Key Details
Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,914 sqft
Price per Sqft $222
Subdivision Bostwick Park
MLS Listing ID 1232671
Bedrooms 6
Full Baths 4
Half Baths 2
Year Built 1904
Annual Tax Amount $6,537
Lot Size 9,583 Sqft
Lot Dimensions 0.22
Property Sub-Type Multi Family
Source Daytona Beach Area Association of REALTORS®
Property Description
The property consists of two spacious front units-Units 1219 and 1221ach offering approximately 1,100 square feet with two bedrooms and
one-and-a-half bathrooms. Both units have been renovated and feature updated electrical subpanels. Their central HVAC systems were replaced approximately four years ago. Each front unit has an estimated market rent of approximately $1,850 per month. Unit 1221 is currently occupied, while Unit 1219 is vacant and available for lease. The detached rear unit, identified as Unit 1217, contains approximately 700 square feet with two bedrooms and two bathrooms. This unit has been partially renovated with upgraded flooring and is equipped with two mini-split HVAC systems-one in the living room and another in the primary bedroom. The secondary bedroom is currently served by a portable air-conditioning unit. Unit 1217 is vacant and has an estimated market rent of approximately $1,750 per month.
At full occupancy and projected market rents, the property has the potential to generate approximately $5,450 in gross monthly rental income, equivalent to approximately $65,400 annually, before any potential laundry income.
Location
State FL
County Volusia
Community Bostwick Park
Direction South of Silver Beach Ave., West of S Atlantic Ave., East of S Peninsula Dr. Drive east on Silver Beach Ave and turn right on Ruger Pl.
Interior
Heating Central
Cooling Central Air, Multi Units
Exterior
Parking Features Garage, Shared Driveway
Garage Spaces 1.0
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle,Other
Total Parking Spaces 1
Garage Yes
Building
Lot Description Other
Structure Type Stucco
New Construction No
Schools
Elementary Schools R J Longstreet
Middle Schools Campbell
High Schools Mainland
Others
Senior Community No
Tax ID 5309-38-02-0060
Acceptable Financing Other
Listing Terms Other
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Michael And Cindy George
Team Leaders License ID: BK3026671
Team Leaders License ID: BK3026671