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$725,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 10 |
|
999 |
$2,622.49 |
1957 |
|
On the market:
0 days
|
View full details, photos, school info, and price history
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.
Listing courtesy of Brian Guyer, ADAMS, CAMERON & CO., REALTORS