Daytona Beach QuadPlex S Noble St. Daytona Beach, FL. 32118
Property Detail
Type
Quadplex, **SOLD** Status
Cash Flow, **SOLD** Location
Florida
Sub Location
Daytona Beach
Price
$229,000
Sq. Ft.1,918Bedrooms4Bathrooms4Rent/mo$2,570 - $3,100RehabNone - ModerateGarageNonePoolNoneTaxes/yr$2,707.23Lot Size (Acres)0.09ConstructionOtherWaterfrontNoneYear1940SubdivisionHorn and Kittredge sub Daytona
Property Description
Seller Financing Available
Terms: $25,000 Downpayment, 7% Interest, 6 Month Term with Possible 6 month Extension
This is a fully performing Daytona Beach Quadplex. The property consists of 4 1/1’s and is currently collecting $2,570/month ($620, $650, $675 and $650). The tenants are all month to month with no leases in place. All the units are on separate electric boxes.
Obviously, the property is turn key as it sits since all the units are rented and cash-flowing. However, there are some cosmetic upgrades that could be done. Market rent for updated 1/1’s is about $780/month or $3,120 total.
