143 E South Street
Deland, FL 32724

Listed at $319,900

Details

  • MLS# O6376348
  • Multi Unit - Multiple
  • Status Active
  • 4 Bedrooms
  • Bathrooms
  • 1,817 Square Feet
  • 0.230 acres
  • Built in 1959
  • Local Schools

Description

143 E. South Street, DeLand, FL 32724 is a duplex (2 units) on a 100' x 100' lot (~0.23 acres) in a highly walkable, in-town DeLand location-minutes to Downtown dining, Stetson University area, shopping, and major corridors with monthly gross cash flow of $2,535. The property offers a clean value-add / long-term hold play: stabilize operations, raise rents to market, and improve unit interiors/exteriors over time to drive NOI. With 1,817 SF total living area, you've got a flexible layout that can support strong tenant demand in the DeLand rental market. Property is ideal for investors targeting cash flow + appreciation in a central Volusia...read more County location. Recent improvements included a new roof in 2021, window replacements, drainfield replacement.

Features

  • Central Air
  • Luxury Vinyl
  • Tile
  • Wood
  • Central, Electric
  • $4,414 Taxes
  • Public
  • Built in 1959
View All Features

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All Property Features

  • Property Type: Multi Unit - Multiple
  • Additional Rooms: Inside Utility
  • Annual Net Income: 26006.00
  • Cooling: Central Air
  • Days on Site: 43
  • Directions: N on 17-92, R on South St behind Won Lee's.
  • Exterior: Block
  • Exterior Features: Storage
  • Flood Zone Code: X
  • Flooring: Luxury Vinyl, Tile, Wood
  • Foundation: Stem Wall
  • Garage: 2
  • Heating: Central, Electric
  • Home Warranty Y/N: No
  • Interior Features: Open Floorplan, Primary Bedroom Main Floor
  • Lease Terms: Twelve Months
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Lot Dimensions: 0.23
  • Lot Size: 0.23 Acres
  • Ownership: Fee Simple
  • Patio/Porch: Covered
  • Pets Allowed: Yes
  • Property Attached Y/N: No
  • Property Sub-Type: Duplex
  • Roof Type: Shingle
  • Sewer: Septic Tank
  • Showing Instructions: 24 Hour Notice, Appointment Only, ShowingTime
  • Special Sale Provisions: None
  • Taxes: $4,414
  • Units: 2
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Water - Multiple Meters, Water Connected
  • Water: Public
  • Water Access Y/N: No
  • Year Built: 1959
  • Zoning: 01R6