601 State Avenue
Daytona Beach, FL 32117

Listed at $899,000

Details

  • MLS# TB8396339
  • Multi Unit - Multiple
  • Status Active
  • 11 Bedrooms
  • Bathrooms
  • 5,194 Square Feet
  • 0.140 acres
  • Built in 1973
  • Local Schools

Description

Crosscreek Apartments, is a 8-unit multifamily investment located at 601 State Ave, Daytona Beach, Florida. Built in 1973, the property spans 5,194 square feet on a 0.14-acre lot, offering a turnkey opportunity with immediate upside potential through rental increases.The unit mix includes three 2-bedroom/1-bath units and five 1-bedroom/1-bath units, catering to a wide range of renter profiles. All units are equipped with central air conditioning and separately metered electric, while the landlord is responsible for city water, sewer, and trash services. The property is constructed with block exterior walls on slab foundations, ensuring long-term...read more durability and reduced maintenance.Strategically located in the heart of Daytona Beach, the property is surrounded by major thoroughfares, employment centers, and coastal amenities, making it a desirable location for tenants and a promising value-add opportunity for investors.

Features

  • Central Air, Wall/Window Unit(s)
  • Electric
  • $9,158 Taxes
  • Public
  • Built in 1973
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Annual Net Income: 40345.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Days on Site: 268
  • Directions: Go south bound on Ridgewood Ave, take a right on 6th St and another right on State Ave. Building is on the right.
  • Exterior: Concrete
  • Exterior Features: Balcony
  • Flood Zone Code: AE
  • Foundation: Slab
  • Heating: Electric
  • Home Warranty Y/N: No
  • Interior Features: Ninguno
  • Lot Dimensions: 0.14
  • Lot Size: 0.14 Acres
  • Ownership: Fee Simple
  • Property Attached Y/N: No
  • Property Sub-Type: Multi Family
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants, See Remarks
  • Special Sale Provisions: None
  • Taxes: $9,158
  • Units: 8
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water: Public
  • Water Access Y/N: No
  • Year Built: 1973
  • Zoning: 09R7