Multifamily Opportunity in Deland W Virginia Ave., Deland FL 32720
Type Single Family Home, **SOLD** Status Flip, **SOLD** Location Florida Sub Location Deland Price $155,000 Sq. Ft.2,917Bedrooms5Bathrooms3ARV$260,000+RehabMedium to HeavyGarageNonePoolNoneTaxes/yr$2,464Lot Size (Acres)1.01 AcresConstructionBlock / FrameWaterfrontNoneYear1955SubdivisionOrange HeightsHOA Fees/mo$0
Triplex on an acre of land! The property is currently set up with 3 separate entrances and 2 kitchens, one upstairs and one downstairs. There is a third building as with just a bed and bath. Home needs plenty of updating to be sure, as everything is old. For a rental we are adjusting the repair and arv down a bit. A ton of good comps over in this area of Deland we are at 50% of what properties are going for. This ARV is not in the 300’s because the layout is setup more for a multi-family.