High Performing Buy & Hold in Strong Rental Market

[Steve G.]

Potential to increase rents on this excellently located, 2 property lot, in a high performing part of Daytona Beach, Florida.

• 5 beds/2 baths (total)
• 2 properties on 1 lot
• 1 occupied, 1 vacant

Rents:

• Front 3/1: $850 (est) (Vacant)
• Rear 2/1: $650 (est) (Occupied)

Move-in ready 

Description:

Located in the heart of Daytona beach, close to the ocean, racetrack, Daytona Beach College, other Colleges, nightlife and more. Possibility to live in one and rent the other out.

Both homes have new A/C and heat systems. The front house also has an updated kitchen with newer kitchen cabinets, side by side refrigerator, glass flat top stove and oven, and a skylight.

The whole house has tile throughout, with most of it being recently installed. Both bathrooms have nice shower walls. One bathroom has a brand new tub.

Rear house, has new tile throughout, new water heater, and fairly new shower tile.

Security systems in both houses.

Laundry facility for both units damaged in Hurricane Matthew (repair or replacement negotiable).

Rents could be increased with a basic tidy-up, but not absolutely necessary to start creating cashflow. Tidy-up estimate $2k - $5k.

• Walk-through: https://youtu.be/0awnCIRlB8E

Photos:

Call Nick on (321) 300-3608, or Carlie on (407) 418-8021 for more information or to book an appointment to view.