220 N Adelle Ave., DeLand, FL 32720

220 N Adelle Ave., Deland, FL 32720
Photo 1 of 34
$344,900
Beds Baths Sq. Ft. Taxes Built
3 1,776 $5,247.94 1947
On the market: 46 days
Recent price change: $354,900

Est. Monthly Payment:

$2,502($2,065 + $437 taxes*)

Don't let your dream home get away from you! Be prepared!  Get qualified for a home loan today.

APPROVED
View full details, photos, school info, and price history
Fully leased triplex with three separate electric meters. Current rents: main house $1,100/mo (lease ends December 2025, market rent ~$1,550), studio $725/mo, 1BR cottage $950/mo (market rent ~$1,118). Gross income $33,300/yr with upside at lease renewal. Water is one meter, landlord paid. Notable improvements include: new sewer lines to all three units (2015), new separate water services to each building (2015), Main house plumbing replaced with PVC/CPVC (2015), new water supply lines to cottage and studio (2015), roof replaced (2013), studio roof replaced at closing (2024), electrical upgrades to meet 4-point inspection requirements (2024), main house HVAC (2017-2018), R30 blown-in attic insulation (2024), refinished original wood floors (2019), stainless appliances (2024), and studio fully renovated interior paint, tile floors, and new a/c (2024). Zoned 05R-2 with three separate electric meters. Whether you're expanding a portfolio or looking to live in one unit while the others pay the mortgage, this property delivers.
Listing courtesy of Dave Zembala PA, ZEMBALA GROUP