822 FOREST LANE
Daytona Beach, FL 32114
$225,000
1318 sqft | 3 beds | 2 baths | 0.40 acres | #O6259440
For Sale
Description
This property offers a remarkable approximate 14% annual ROI. Currently operating as a residential income duplex, it is also grandfathered for commercial use. The front unit features 2 bedrooms, 1 bath, and an open kitchen/living area, while the back unit includes 1 bedroom, 1 bath, a spacious living area, and a kitchen. One unit is currently rented, with the second unit recently vacated. Combined, the units generate a gross monthly income of $2,000, or $24,000 annually. Both units have been recently renovated, with upgrades to the HVAC, roof, flooring, water heater, walls, doors, and fixtures. The property offers two separate driveways for parking on the east side, along with a large parking area on the west side, accessible via Edwards Street. With its commercial zoning, this property offers flexible opportunities for various uses, such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial establishment. Don't miss this exceptional investment opportunity!
Interior Details
Interior Features
- Interior:Other
Beds & Baths
- Bedrooms:3
- Bathrooms:2
- Full Baths:2
Property Details
Property
- Exterior materials:Garden
Measurements
- Acres:0.4
- Square Feet:1318
Construction Details
Type & Style
- Property type:Purchase
Condition
- Year built:1950
Material information
- Foundation:Slab
Utilities / Energy Details
Utility
- Sewer information:Public Sewer
- Utility source:Public
- Utility features:Public
Community and Neighborhood Details
Community
- Subdivision:FRST PARK
Location
- County:Volusia
Financial Details
Pricing Details
- Original List Price:$225, 000
- Days on Market (Cumulative):1
- Taxes annual:$1, 684
Other
Source
- MLS #:O6259440
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Patricio R. Mosquera
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Simon Diaz
Listing Office: EXP REALTY LLC
Patricio R. MosqueraReal Estate Group
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
Estimated Monthly Payment
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Loan Amount
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