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Rick Brown

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

$249,000

Est. payment - /mo

2 Beds

2 Baths

1,240 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,240 sqft

Price per Sqft $200

Subdivision Mc Nair

MLS Listing ID 1228712

Bedrooms 2

Full Baths 2

Year Built 1960

Annual Tax Amount $3,430

Lot Size 9,583 Sqft

Lot Dimensions 0.22

Property Sub-Type Duplex

Source Daytona Beach Area Association of REALTORS®

Property Description

Investment opportunity in Holly Hill! This well-maintained duplex is located on a quiet dead-end street surrounded by well-kept homes and features two fully occupied 1-bedroom, 1-bathroom units, providing immediate rental income. Each unit offers energy-efficient mini-split HVAC systems, and the roof was replaced in late 2023, reducing future maintenance concerns. Priced at $249,000, the property has projected long-term rental income of approximately $2,100 per month. Based on current operating assumptions, it offers an estimated annual net operating income (NOI) of $19,017 and an estimated 7.64 cap rate. This low-maintenance, income-producing property is an excellent opportunity for investors looking to expand their portfolio or enter the multifamily market with a stable, updated asset in a desirable Holly Hill location.

Location

State FL

County Volusia

Community Mc Nair

Direction From Nova Road, head north to 8th Street and turn right. Continue to Narcissus Avenue and turn left.

Interior

Heating Other

Cooling Split System, Wall/Window Unit(s)

Exterior

Parking Features Carport

Utilities Available Cable Available, Electricity Connected, Water Connected

Garage No

Building

Lot Description Many Trees

Water Public

New Construction No

Others

Senior Community No

Tax ID 523718010200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Realty Pros Assured

NEARBY SCHOOL & BUSINESS

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Rick Brown

Agent | SLSL3322205

+1(321) 348-8720

820 Narcissus AVE Daytona Beach, FL 32117

Rick Brown

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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820 Narcissus AVE