274 Laws LN Active Save Request In-Person Tour Request Virtual Tour
Ormond Beach,FL 32174
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,708 sqft
Price per Sqft $322
Subdivision Not On The List
MLS Listing ID 1122268
Bedrooms 4
Full Baths 4
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1960
Annual Tax Amount $5,664
Lot Size 6,534 Sqft
Lot Dimensions 0.15
Property Description
Great New Price! Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come view this great property soon! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.
Location
State FL
County Volusia
Community Not On The List
Direction From Granada head south a few blocks and go right on Laws Lane
Interior
Heating Central,Electric
Cooling Central Air,Wall/Window Unit(s)
Exterior
Garage Off Street
Utilities Available Cable Available,Sewer Connected,Water Connected
Waterfront No
Roof Type Other
Garage No
Building
Lot Description Other
Water Public
Structure Type Block,Concrete
New Construction No
Schools
High Schools Seabreeze
Others
Senior Community No
Tax ID 4241-08-02-0200
Acceptable Financing Cash,Conventional,VA Loan,Other
Listing Terms Cash,Conventional,VA Loan,Other