330 E Rich Ave (MULTI-PARCEL SALE) DELAND, FL 32724

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$1,082,100
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1,685 sq ft
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Property Description


Multi-Family (2-4 Units)

Opportunity for Owner/Investor. A portfolio of 10 Properties with 13 doors producing stable, gross rental income of 11% and a net cash yield of >8.7%. Expanding rental market for single family homes SunRail commuter community for Orlando. Less than one hour drive to Orlando International Airport. Orlando and Daytona Beach are premier tourist destinations DeLand averages 4% population growth / year (Florida 3rd in nation).Most of the homes are steps from downtown DeLand and County Admin facilities,(Captive audience of future tenants!) as well as a 'Back Door' proximity to Stetson University for student housing. Stetson University predicting 25% Growth in 2013. Debt free properties with rental / lease agreements in place Stable tenants with good payment track records. Excellent potential for Owner/Manager. Turnkey property management for absent investor (if desired). Confidential listing. Please do not contact tenants. No for sale signs
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MLS #:  V4638505

Features



  • Age: Over 50 Years Old
  • Amenities: Deck, Porch, Patio
  • Appliances: Range, Refrigerator
  • Architecture Style: Other
  • Cooling System: Central A/C
  • Exterior Type: Stucco
  • Floor Covering: Carpet, Tile - Ceramic, Wood
  • Roof Type: Composition Shingle

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Copyright © 2013 Total Realty Corp. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Schools for
330 E Rich Ave (MULTI-PARCEL SALE), DELAND, FL 32724
Elementary School
N/A
Middle School
Grades 5 - 8 | Public School
DELAND MIDDLE SCHOOL
DELAND, FL 32724
1400 S AQUARIUS AVE
386-822-5678
Distance: 1.8 mi
Ratings (24)
GreatSchools Rating
5
Parent Rating
3
Student:Teacher Ratio
12:1
Total Students
1118
High School
Grades 9 - 12 | Public School
DELAND HIGH SCHOOL
DELAND, FL 32724
800 N HILL AVE
386-822-6909
Distance: 1.3 mi
Ratings (47)
GreatSchools Rating
7
Parent Rating
3
Student:Teacher Ratio
13:1
Total Students
2525
Other Nearby Schools Distance Type Grades GreatSchools Rating Parent Rating
Boston Avenue Charter School 0.5 mi Public K - 5 1 4
St Barnabas Episcopal School 0.7 mi Private K - 8 0 4
Children's House Montessori 0.7 mi Private K - 6 0 4
Richard Milburn Academy West 0.7 mi Public 9 - 12 1 0
St Peter Catholic School 0.8 mi Catholic K - 8 0 5
First Presby Church Day School 0.8 mi Private K - 5 0 4
Edith I Starke Elementary School 1.1 mi Public K - 5 2 4
George W Marks Elementary School 1.1 mi Public K - 5 2-5 4
Blue Lake Elementary School 1.4 mi Public K - 5 3 4
Stetson Baptist Chrn School 1.5 mi Private K - 8 0 4
Southwestern Middle School 1.9 mi Public 5 - 8 2-5 4
Woodward Avenue Elementary School 2.5 mi Public K - 5 3-5 4
Lighthouse Christian Academy 2.6 mi Private K - 8 0 4
Easter Seals Charter School Ii 2.8 mi Public PRESCHOOL/KINDERGARTEN 0 0
Freedom Elementary School 3.2 mi Public K - 5 4-5 4
Duvall Home 5.4 mi Private SPECIAL EDUCATION 0 0
Volusia Pines Elementary School 6.0 mi Public K - 5 2-5 4
Central Fellowship Chrn Academy 6.1 mi Private K - 12 0 0
Sources: Maponics, LLC, GreatSchools.org and Onboard Informatics ©2013. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
View all Local Area Info
Demographic Data for Deland, FL 32724
  • Median Age: 42.28
  • Married: 44%
  • Number of Households: 13395
  • Households with Children: 3677
Community:



    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home

    Local Weather for Deland, FL 32724
      Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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      CENTURY 21 Choice Properties
      386.­574.9444
      430 Summerhaven Dr.
      Ste. 200
      DeBary, FL 32713
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