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32724 (Deland, FL)

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NEWLY LISTED

$695,000

203-211 E Voorhis Avenue Deland, FL 32724
Courtesy Of Blue Lighthouse Realty, Inc.
MLS# O5382043
PROPERTY DESCRIPTION: 
This is a compound of 8 units in Downtown DeLand's Historic Garden District. There are seven residences plus a workshop/garage. The Garden District is close walking distance to charming downtown DeLand. The compound consists of three duplexes, one cottage and one 1920's workshop/garage with a vaulted ceiling. The two lots are zoned commercial and currently all rented as residences. Gross annual rent is $66,720 (including a potential $3,000 for workshop that is currently used by the owner). Consider living in one of the homes and renting out the others for an income and being part of an artsy downtown community.
The houses are newly painted and have heart pine or ceramic tile floors, vaulted ceilings, historic Craftsman detailing, picket fences, trellises and porches. --- 

Est. Square Footage = 7,360 sq. ft. (6,620 air conditioned). Price per sq. ft. = $94.---
Two lots = 0.43 acres. (138’ x 160’ depth irregular). --- 

203 East Voorhis: 2,700 sq. ft. - 
207 East Voorhis: 1,900 - 
205 East Voorhis: 720 - 
211 East Voorhis: 1,300 -
basement (NO A/C): 100 -
211-C (NO A/C workshop): 640 - 

Current rents / month = $5310. Annual rent, including workshop = $66,720 - 


Insurance: $3,985 - 
Taxes: $3,336 - 
Utilities: $2,647 - 
Maintenance: $5,000 - 

Total annual expenses: $14,968 - 

Net annual income = $51,752 - 

Asking price of $695,000 gives a cap rate of 7.4%, plus upside in a healthy rebounding market
Gross Rent Multiplier = 0.96
FEATURES:
Age: Over 50 Years Old
Amenities: Deck, Porch, Patio, Sky light, Vaulted Ceiling, Ceiling Fan, Disabled Access, Mother In Law Suite, Attic
Appliances: Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
Architecture Style: Other
Cooling System: Central A/C, Zoned A/C
Exterior Type: Stucco, Wood
Floor Covering: Tile - Ceramic, Wood
Lot Size: 0.43 Acres
Parking Type: Assigned, Covered, Garage, Guest, Open, Workshop
Roof Type: Metal
Rooms: Bonus Room, Den, Family Room, Florida Room, Foyer, In-Law Suite, Utility

$99,000

230 E Howry Avenue Deland, FL 32724
1,832 Sq. Ft
Courtesy Of Keller Williams Realty Florida Partners
MLS# V4704798
PROPERTY DESCRIPTION: 
Live in one unit and rent the other OR rent both for excellent return on investment. This house is just minutes away from Downtown Deland and rents quickly. House has been converted into two apartments - one upstairs and one down. The upstairs is a 2 bedroom one bath, downstairs is a one bedroom with one and half baths. Both units have full kitchen and washer/dryer. Driveway parkway for up to four cars.
FEATURES:
Age: Over 50 Years Old
Amenities: Deck, Porch, Patio
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Architecture Style: Historical
Cooling System: Central A/C, Zoned A/C
Exterior Type: Wood
Floor Covering: Laminate
Lot Size: 0.15 Acres
Roof Type: Metal

$99,000

230 E Howry Avenue DeLand, FL 32724
3 Beds 2,287 Sq. Ft
Courtesy Of Keller Williams Realty Florida Partners
MLS# 569766
PROPERTY DESCRIPTION: 
Walking distance to Old Town Deland and easy to rent. Live in one level and rent the other or rent out both levels for an excellent return on investment. Each unit has a full kitchen and laundry facilities. Separate meters for all utilities. Upstairs is a 2 bed 1 bath apartment. Downstairs is a 1 bed 1 and a half bath. This street is just prime for redevelopment. Don't miss the opportunity to own close to popular downtown area.
FEATURES:
Age: Over 50 Years Old
Amenities: Deck, Pool
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Architecture Style: Other
Cooling System: Central A/C
Exterior Type: Wood
Parking Type: Off Street
Roof Type: Metal
Rooms: Bedroom
MLS# V4703974
PROPERTY DESCRIPTION: 
This is two lots side by side-- each 136 x 75...Lots being sold together at one price..Zoned City of DeLand
R-2 Two-Family Dwelling..Copy of uses and structures attached. Property close to South Ridge Golf Course.
corner of S East St and E Euclid. City of DeLand advises water and sewer are available to this site.
FEATURES:
Architecture Style: Other
Roof Type: Unknown
View Type: City

32724 (Deland, FL) Real Estate & Homes for Sale - 4 Listings Found

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