$319,000
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328 Madison AVE Daytona Beach, FL 32114
5 Beds
1,667 SqFt
Key Details
Sold Price $319,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,667 sqft
Price per Sqft $191
Subdivision Kingston
MLS Listing ID 1119261
Sold Date 05/17/24
Bedrooms 5
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1935
Annual Tax Amount $2,769
Lot Size 6,534 Sqft
Lot Dimensions 0.15
Property Description
***COMPLETELY UPDATED TRIPLEX! INCREDIBLE CASH FLOW OPPORTUNITY*** Fully Rented! Bringing in huge monthly and yearly income numbers! Two updated structures on one parcel! Situated on a great size lot offering plenty of parking spaces with the potential opportunity to add an onsite garage for additional income. Legal rental license currently in place! Over $4,000 in Monthly Income consistently coming in! This is just property #2 out of four being offered in an outstanding 16 total unit portfolio package! Centrally located just a few minutes away from the Atlantic Ocean, the Intracoastal Waterway, One Daytona, the world famous Daytona International Speedway, Daytona State College, Embry-Riddle Aeronautical University, Tanger Shopping Outlet, restaurants, and entertainment! ..... CON'T ..... All separate electric and gas meters! The front structure features two bedrooms, a large living room, and a covered front porch that is currently rented for $1,516 Per Month. The back structure features a downstairs unit that is rented out to a 5+ year tenant for $975 Per Month; and the Upstairs unit was just freshly fully renovated featuring brand new flooring, a brand new kitchen, a brand new bathroom, and is rented out for $1,512 Per Month. This exceptional cash flowing opportunity will not last long!
Location
State FL
County Volusia
Community Kingston
Direction From I-95 and ISB go South 4.8 Miles; Turn Left on US-1 go 1 Mile; Turn Left on Madison; Property on North side of road
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature Balcony, Other
Parking Features Off Street, RV Access/Parking
Roof Type Shingle
Building
Water Public
Others
Senior Community No
Tax ID 5338-01-11-0082
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