138 W Howry Avenue
DeLand, FL 32720
- – beds
- – baths
- 3,875 sqft
- 10,500 sqft lot
- $118 per sqft
- 1941 build
- – on site
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5-plex multifamily property generating above average returns from day one! This property is located in an OPPORTUNITY ZONE, which allows for capital gains tax deferrals/elimination. All of the units are fully leased and are located in a highly desirable area of DeLand in close proximity to our award-winning downtown and Stetson University. All units stay consistently rented and have steady rent growth due to fantastic location. Units have all been updated as needed with three having had a full renovation in the last year. The property also has a community laundry room with coin operated washer and dryer. The current rent roll is $4,700.00 per month or $56,400.00 per year. The $650 unit is month-to-month and due for an increase to market rates.
Listing courtesy of STELLAR_MLS / GREENE REALTY OF FLORIDA LLC
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Last updated Apr 27, 2023
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MLS# V4915634 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/20/13
Jun 20, 2013
|
STELLAR_MLS | $119,900 |