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Jose Mejia

jose@the-locals.org +1(727) 271-6900

$ 550,000

Est. payment -/mo

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Price Dropped by $49K

274 LAWS LN Ormond Beach, FL 32174

1,708 SqFt

UPDATED:

09/14/2024 08:35 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,708 sqft

Price per Sqft $322

Subdivision Liberia Add Ormond Fla

MLS Listing ID V4935709

HOA Y/N No

Originating Board Stellar MLS

Year Built 1960

Annual Tax Amount $5,663

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 60x110

Property Description

Great New Price! Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.

Location

State FL

County Volusia

Community Liberia Add Ormond Fla

Zoning MULTI

Interior

Interior Features Ceiling Fans(s), Crown Molding, Ninguno

Heating Central

Cooling Wall/Window Unit(s)

Furnishings Furnished

Fireplace false

Laundry Common Area

Exterior

Exterior Feature Outbuilding(s)

Garage Off Street

Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Waterfront false

Roof Type Other

Parking Type Off Street

Garage false

Private Pool No

Building

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Schools

Elementary Schools Pine Trail Elem

Middle Schools Ormond Beach Middle

High Schools Seabreeze High School

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Listed by CALNAN REAL ESTATE

Jose Mejia

Broker Associate | License ID: 3222624

+1(727) 271-6900

Jose Mejia

274 LAWS LN Ormond Beach, FL 32174

Key Details

Location

Interior

Exterior

Building

Schools

Others

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274 LAWS LN