$225,000
804 Downing Street
New Smyrna Beach, FL 32168
MLS# 1031976
4 beds  |  1866 sqft


804 Downing Street, New Smyrna Beach, FL 32168
  1 / 16  
804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168 804 Downing Street, New Smyrna Beach, FL 32168

Property Description
Great income producing triplex, in great condition. Gross annual income: $28,920. Net annual income: $21,986. Ground floor, two one bedroom units, 2nd floor 2 bedroom 1 bath unit. Vacant land adjacent to the property is part of the sale. there is 150' road frontage. 2015- Upgrade the electrical system. New panels, new breakers as well as new heaters in each unit. A unit tenant moving out end of April. B unit tenant moving out end of May. 2015- 2016- New kitchen, fresh paint, new blinds unit B 2015- Fresh paint, new water heater unit C 2016- New windows all units. New in window AC units 2016- Fresh paint exterior 2016- New kitchen and bathroom, New floor tiles kitchen and bathroom, fresh paint unit A 2016- New exterior light fixtures 2016- landscaping, new plants.

Details
Maps
Contract Information
List Price: $225,000
List Price/SqFt: 120.58
Current Price: $225,000
Location, Tax & Legal
Street #: 804
Street Name: Downing
Street Suffix: Street
County: Volusia
State/Province: FL
Zip Code: 32168
Area: 70 - New Smyrna Beach E of 95
Style: Triplex
Tax ID: 7418-09-00-0090
Homestead Exempt: No
General Property Description
Total # Units: 3
Bedrooms: 4
# Parking Spcs: 6
Supra: No
Living Area: 1866
SqFt - Total: 2116
SqFt Source: Property Appraiser
Year Built: 1952
New Builder Home: No
As Is Cond: No
Special Contingency: No
Zoning: Multi-Family
Zoning (Text): IMP MUTI L/S5TRIPLEX
Subdivision: Not On The List
Maint Fee Paid: N/A
Lot SqFt: 7550
Road Frontage: 150
Depth: 40
Franchise Opt In: Yes
Status Change Info
Status: Active
Financial Info
Gross Monthly Rent: 2445
Gross Income: 29340
Net Operating Income: 21936
Meters
# Electric Meters: 3
# Water Meters: 1
Property Features
Building Type: Stand Alone
Construction: Wood Frame
Air Conditioning: Wall/Window Units
Heating: Electric
Parking: Off Street
Roof: Composition Shingle
Tenant Pays: Electric
Owner Pays: Exterminator; Insurance Exterior; Lawn Care; Maintenance Exterior; Real Estate Taxes; Trash Removal; Water
Sewer: Sewer Connection
Special Conditions: None
Supplements
The property has roof issues resulting in a small leak on an older roof, owner has an estimae to complete all roof related issues for $10,500. Property will only be sold AS IS at this price. Renters in Unit A (2 bedroom) have just signed a new lease until June 2019.

Listing Office: Ashley Real Estate

Last Updated: September - 20 - 2018

Listing data provided by the Daytona Beach Area Association of REALTORS®' Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.

Tuesday 20th of November 2018 01:47 PM