220 N Adelle Avenue, Deland, FL 32720
Local realty services provided by:CENTURY 21 RoseBay
Listed by: dave zembala pa
Office: zembala group
MLS#:O6434214
Source:MFRMLS
Price summary
- Price:$329,500
- Price per sq. ft.:$148.49
About this home
Fully leased triplex with three separate electric meters. Current rents: main house $1,100/mo (lease ends December 2026), studio $725/mo (lease ends April 2027), 1BR cottage $950/mo (lease ends December 2026). Gross income $33,300/yr. Estimated cap rate approximately 7.8% at list price. Water is one meter, landlord paid. Notable improvements include: new sewer lines to all three units (2015), new water supply lines to each building (2015), main house plumbing replaced with PVC/CPVC (2015), roof replaced (2013), studio roof replaced at closing (2024), electrical upgrades to meet 4-point inspection requirements (2024), main house HVAC (2017-2018), R30 blown-in attic insulation (2024), refinished original wood floors (2019), stainless appliances (2024), and studio fully renovated with interior paint, tile floors, and new A/C (2024). Zoned 05R-2 with three separate electric meters. Whether you’re expanding a portfolio or looking to live in one unit while the others pay the mortgage, this property delivers....
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Home facts
- Year built:1947
- Subdivision & Development:RICHS ADD DELAND
- Listing ID #:O6434214
- Added:55 day(s) ago
- Updated:October 11, 2026 at 08:13 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Flooring:Luxury Vinyl, Tile, Wood
- Dining Description:Eat In Kitchen
- Kitchen Description:Eat-in Kitchen, Refrigerator
- Basement Description:Crawlspace
- Living area:1,776 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1947
- Building area:1,776 sq. ft.
- Lot area:0.25 Acres
- Lot Features:Paved
- Construction Materials:Frame
- Exterior Features:Covered Porch/Patio, Front Porch, Outbuildings, Porch, Private Mailbox, Screened
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$329,500
- Price per sq. ft.:$148.49
- Tax amount:$5,248 (2025)
Features and amenities
- Appliances:Dryer, Refrigerator, Washer
- Laundry features:Dryer, Electric Dryer Hookup, In Common Area, Laundry Room, Washer, Washer Hookup
- Amenities:BB/HS Internet Available, Ceiling Fans(s), Eat-in Kitchen, Thermostat
- Pool features:Public Pool
Parking
- Parking description:2 Car Carport
- Carport spaces:2
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