730 Lindley Boulevard, Deland, FL 32724
- $725,000
- 10
- BD
- 5
- BA
- 999
- SqFt
- List Price
- $725,000
- Status
- Active
- Days on Market
- 1
- MLS#
- V4951465
- Property Style
- Quadruplex
- Year Built
- 1957
- Bedrooms
- 10
- Bathrooms
- 5
- Living Area
- 999
- Price per sq. ft.
- 725.73
- Lot Size
- 17,490
- Acres
- 0.40
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Orange Court
- MLS Area Major
- Deland
Property Description
Secure immediate cash flow with this rare DeLand investment package. Four single-family homes, offered as a single transaction, present an unparalleled opportunity for the discerning investor. Unlock your portfolio's potential with exceptional seller financing: a low $75,000 down payment, 7.0% interest, and a 20-year amortization with a 5-year balloon. Collect $4,525 in proven monthly rents from long-term, month-to-month tenants, ensuring immediate income and flexibility for future rent optimization. Each property is strategically positioned within minutes of vibrant, award-winning Downtown DeLand, placing tenants close to hospitals, diverse shopping, major commuter routes like I-4, and Florida's renowned beaches. This turn-key portfolio combines stability with growth potential in a highly sought-after market. Don't miss this chance to acquire a meticulously assembled DeLand asset. Inquire today for details. Down Payment: $75,000. Mortgage: $650,000. Interest Rate: 7.0 % Amortization: 20 years. Balloon Payment: 5 years. Current Monthly Rents: 1. 730 Lindley Blvd: $1,100. 2. 242 N. Garfield Ave.: $1,025. 3. 916 Cass St.: $1,200. 4. 213 Leon Ave.: $1,200. All four tenants are currently Month to Month and have been long term tenants.
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Additional Information
- Taxes
- $2622
- Annual Gross Income
- 54300
- Location
- City Limits, In County, Level, Paved
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- 01R3
- Interior Features
- Ninguno
- Utilities
- Cable Available
- Heating
- Other
- Air Conditioning
- Other
- Exterior Construction
- Other
- Exterior Features
- None
- Roof
- Roof Over, Shingle
- Foundation
- Crawlspace, Slab
- Pool
- No Pool
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 7003-02-01-0110
- Legal Description
- 3 17 30 LOTS 11 & 13 BLK 1 ORANGE COURT MB 9 PG 1 PER OR 4726 PG 3385 PER OR 5888 PG 0590 PER OR 5888 PG 0591
Listing courtesy of ADAMS, CAMERON & CO., REALTORS. 386-717-3445
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