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Chad Gibson

chad@dthomesteam.com +1(407) 304-7461

$299,000

Est. payment - /mo

4 Beds

4 Baths

2,144 SqFt

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Key Details

Property Type Multi-Family, Duplex, Multi Unit, Duplex/Multi Unit Lot

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,144 sqft

Price per Sqft $139

Subdivision Rio Vista

MLS Listing ID 1231796

Bedrooms 4

Full Baths 2

Half Baths 2

Year Built 1978

Annual Tax Amount $4,920

Lot Size 2,613 Sqft

Lot Dimensions 0.06

Property Sub-Type Duplex

Source Daytona Beach Area Association of REALTORS®

Property Description

TWO UNITS. ENDLESS POSSIBILITIES. ONE INCREDIBLE OPPORTUNITY! Whether you're looking to start your real estate investment journey, expand your rental portfolio, or become a homeowner while generating rental income, this Holly Hill DUPLEX offers the flexibility you've been searching for! Featuring approximately 1,072 sq. ft. per unit, this property offers two spacious residences with updated kitchens, refreshed bathrooms, and new flooring, providing a fresh, inviting feel. A NEW ROOF installed in 2022 adds even more value, while fenced outdoor space, a wood deck, and ample front parking make everyday living convenient and enjoyable. INVESTORS, TAKE NOTICE! Both units have been occupied by long-term tenants, with previous rental rates of $1,500 per unit, representing a combined $3,000 in potential monthly rental income based on rental history. Separate water and electric meters for each unit add convenience for rental management. FIRST-TIME BUYERS, THINK BIGGER! Why purchase a traditional single-family home when you could potentially live in one unit and rent out the other? This duplex presents an exciting opportunity to explore FHA or VA owner-occupied financing options, subject to lender approval, while using rental income to help offset your mortgage payment. Location? It doesn't get much more convenient! Situated in the heart of Holly Hill, you're just minutes from shopping, restaurants, public transportation, the beautiful Halifax River, and the World's Most Famous Beach—Daytona Beach! LIVE IN ONE. RENT THE OTHER. OR KEEP BOTH AS INCOME-PRODUCING RENTALS! Opportunities offering this level of flexibility don't come around every day. Schedule your private showing and discover the possibilities! All information is intended to be accurate but is not guaranteed. Rental figures reflect previous rents and are not a guarantee of future income. Buyer to verify all information, including square footage, rental terms, property condition, and financing eligibility.

Location

State FL

County Volusia

Community Rio Vista

Direction North on US1, left on 15th st, right on Espanola. Property on the left

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Parking Lot

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage No

Building

Lot Description Other

Water Public

Structure Type Frame

New Construction No

Others

Senior Community No

Tax ID 4242-20-01-0430

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.zillow.com/view-imx/4d622180-f3b3-498c-b6b2-7257919ef1e2/?utm_source=captureapp

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Listed by Oceans Luxury Realty Full Service LLC

Schools and Properties Nearby

Learn More About LPT Realty

Chad Gibson

+1(407) 304-7461

Realtor License ID: SL3471542

1508 Espanola AVE Holly Hill, FL 32117

Chad Gibson

Key Details

Location

Interior

Exterior

Building

Others

Schools and Properties Nearby

Learn More About LPT Realty

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1508 Espanola AVE