730 Lindley Boulevard, Deland, FL 32724

$725,000
10
BD
5
BA
999
SqFt
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List Price
$725,000
Status
Active
Days on Market
1
MLS#
V4951465
Property Style
Quadruplex
Year Built
1957
Bedrooms
10
Bathrooms
5
Living Area
999
Lot Size
17,490
Acres
0.40
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Orange Court
MLS Area Major
Deland
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Property 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 shopping, major commuter routes like I-4, and Florida's renowned beaches. This turn-key portfolio combines stability with growth potential in a highly sought-after market. Don't 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.

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Additional Information

Taxes
$2622
Annual Gross Income
54300
Location
City Limits, In County, Level, Paved
Community Features
No Deed Restriction
Property Description
One Story
Zoning
01R3
Interior Layout
Ninguno
Interior Features
Ninguno
Utilities
Cable Available
Heating
Other
Air Conditioning
Other
Exterior Construction
Other
Exterior Features
None
Roof
Roof Over, Shingle
Foundation
Crawlspace, Slab
Pool
No Pool
Pets
Allowed
Flood Zone Code
X
Parcel ID
7003-02-01-0110
Legal Description
3 17 30 LOTS 11 & 13 BLK 1 ORANGE COURT MB 9 PG 1 PER OR 4726 PG 3385 PER OR 5888 PG 0590 PER OR 5888 PG 0591
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Listing courtesy of ADAMS, CAMERON & CO., REALTORS. 386-717-3445

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