730 LINDLEY BLVD, Deland, FL 32724
730 LINDLEY BLVD, Deland, FL 32724
730 LINDLEY BLVD, Deland, FL 32724
730 LINDLEY BLVD, Deland, FL 32724
730 LINDLEY BLVD, Deland, FL 32724
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$ 725,000
Est. payment | /mo

10 Beds

5 Baths

999 SqFt


$ 725,000
Est. payment | /mo

10 Beds

5 Baths

999 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 999 sqft

Price per Sqft $725

Subdivision Orange Court

MLS Listing ID V4951465

Bedrooms 10

Construction Status Completed

HOA Y/N No

Year Built 1957

Annual Tax Amount $2,622

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 75x165

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Secure immediate cash flow with this rare DeLand investment package. Four single-family homes, offered as a single transaction, present an unparalleled opportunity for the discerning investor. Unlock your portfolio's potential with exceptional seller financing: a low $75,000 down payment, 7.0% interest, and a 20-year amortization with a 5-year balloon.

Collect $4,525 in proven monthly rents from long-term, month-to-month tenants, ensuring immediate income and flexibility for future rent optimization. Each property is strategically positioned within minutes of vibrant, award-winning Downtown DeLand, placing tenants close to hospitals, diverse shopping, major commuter routes like I-4, and Florida's renowned beaches. This turn-key portfolio combines stability with growth potential in a highly sought-after market. Don't miss this chance to acquire a meticulously assembled DeLand asset. Inquire today for details.

Down Payment: $75,000.
Mortgage: $650,000.
Interest Rate: 7.0 %
Amortization: 20 years.
Balloon Payment: 5 years.

Current Monthly Rents:
1. 730 Lindley Blvd: $1,100.
2. 242 N. Garfield Ave.: $1,025.
3. 916 Cass St.: $1,200.
4. 213 Leon Ave.: $1,200.

All four tenants are currently Month to Month and have been long term tenants.

Location

State FL

County Volusia

Community Orange Court

Area 32724 - Deland

Zoning 01R3

Interior

Interior Features Ninguno

Heating Other

Cooling Other

Furnishings Unfurnished

Fireplace false

Laundry Other

Exterior

Exterior Feature None

Utilities Available Cable Available

View Y/N No

Water Access No

Roof Type Roof Over,Shingle

Garage false

Private Pool No

Building

Lot Description City Limits, In County, Level, Paved

Entry Level One

Foundation Crawlspace, Slab

Lot Size Range 1/4 to less than 1/2

Sewer None

Water Public, See Remarks

Structure Type Other

New Construction false

Construction Status Completed

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Owner Financing

Listing Terms Cash, Conventional, Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4951465

Stellar MLS
Listed by Brian Guyer ADAMS, CAMERON & CO., REALTORS

NEARBY SCHOOLS & PROPERTIES

Josh Cotton

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

 

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730 LINDLEY BLVD