730 Lindley Boulevard
Deland, FL 32724

Listed at $725,000

Details

  • MLS# V4951465
  • Multi Unit - Multiple
  • Status Active
  • 10 Bedrooms
  • Bathrooms
  • 999 Square Feet
  • 0.400 acres
  • Built in 1957
  • Local Schools

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...read more shopping, major commuter routes like I-4, and Floridas renowned beaches. This turn-key portfolio combines stability with growth potential in a highly sought-after market. Dont 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.

Features

  • Other
  • Other
  • 1.0 Story
  • $2,622 Taxes
  • Public, See Remarks
  • Built in 1957
View All Features

Contact the Agent

Brian Guyer

Brian Guyer

West Volusia Office
Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Annual Net Income: 0.00
  • Cooling: Other
  • Directions: Call Listing Agent for Directions
  • Exterior Features: None
  • Flood Zone Code: X
  • Foundation: Crawlspace, Slab
  • Heating: Other
  • Home Warranty Y/N: No
  • Interior Features: Ninguno
  • Lease Terms: 6-12 Month
  • Listing Terms: Cash, Conventional, Owner Financing
  • Lot Description: City Limits, In County, Level, Paved
  • Lot Dimensions: 0.4
  • Lot Size: 0.40 Acres
  • Other Equipment: None
  • Ownership: Fee Simple
  • Pets Allowed: Yes
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Roof Over, Shingle
  • Sewer: None
  • Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants
  • Special Sale Provisions: None
  • Stories: 1.0
  • Taxes: $2,622
  • Utilities: Cable Available
  • Water: Public, See Remarks
  • Water Access Y/N: No
  • Year Built: 1957
  • Zoning: 01R3