Solid block 16-plex in the heart of Ormond Beach. 100% occupied and close to shopping, restaurants, and 5 minutes from the beach but in a quiet residential area. Located on the SW corner of Tomoka Avenue & Orchard, just a block south of Granada. Ample parking but with plenty of shade trees. If you are looking for a good multi-unit investment property in a great area with tremendous potential for appreciation and rent growth, this is it. The rental market has never been better, so grab the gold ring before it passes you by. Financial information available. CASH ONLY. **All information provided is deemed reliable, but is not guaranteed and should be independently verified.
Possible Owner financing,Steps to river, library, and shopping.Gross monthly income $3850, conservative rents, room for increases.Tenants pay electric, owners pay waterMixed use 4 residential 2B/R apartmentsand 1 retail. Extensively remodeled to in/out.Room to build additional rentals with approved permitting