Commercial property in DeLand, Florida 10 bedrooms, 92.81 sq.m. № 2400328

Commercial property in DeLand, Florida 10 bedrooms, 92.81 sq.m. № 2400328
ID2400328 $ 725 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2400328

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.
MLS #: V4951465
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CityDeLand
Address730 LINDLEY BOULEVARD
TypeCommercial property
Bedrooms10
Living space92.81 m²
  • m²
  • sq. ft
Completion dateIV quarter, 1957
Price
  • Price
  • per m²
$ 725 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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