640 N Wild Olive Ave

$588,000, .19 Acres

About This Property

This is a ''one-of-a-kind'' income property that you have to see to believe. This ''1-4 family'' investment property has the ability to produce an annual ''potential gross income'' of $67,000 generating a very favorable ''cap rate'' of ~9.2%, based on the general area's market rents. The landlord is moving out of the area and is leaving the property in absolute pristine condition for the next owner to either rent the units or possibly choose to live on-site and manage the remaining units for income purposes. All measurements are deemed to be approximate and accuracy must be verified.This turn key home has been renovated from top to bottom with hand stained wood ceilings, stainless appliances, mosaic backsplashes, and custom artwork abound.Please Call to request NOI

Essential Information

MLS® #1068778
Price$588,000
Acres0.19
Year Built1918
TypeCommercial/Industrial
Sub-TypeComm-Land & Bldg Incl
StatusActive

Community Information

Address640 N Wild Olive Ave
CityDaytona Beach
CountyVolusia
StateFL
Zip Code32118

Area

15 - Daytona Peninsula N of Seabreeze

Exterior

Lot Description55x150

Additional Information

ZoningRP

Listing Details

OfficeNSB Homes LLC

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© 2020 Daytona Beach Area Association of REALTORS®

Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.

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