Homes for sale - 274 Laws LN, Ormond Beach, FL 32174

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Rick A Brown

rick@brownhomegroup.com +1(321) 348-8720

$550,000

Est. payment - /mo

4 Beds

4 Baths

1,708 SqFt

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UPDATED:

10/20/2024 02:27 PM

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

Parking Type Off Street

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

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Listed by Calnan Real Estate

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Rick A Brown

Agent | SLSL3322205

+1(321) 348-8720

274 Laws LN Ormond Beach, FL 32174

Rick A Brown

Rick A Brown

Key Details

Location

Interior

Exterior

Building

Schools

Others

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274 Laws LN