New ListingSecure 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.
| MLS # | V4951465 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1957 |
| Days On Site | 5 |
| Listing Provided By | ADAMS, CAMERON & CO., REALTORS | Brian Guyer |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 999 |
| Story(s) | 1 |
| Zoning | 01R3 |
| Acreage | 0.40 |
| Property | 2622 |
|---|
| State | FL |
|---|---|
| County | Volusia |
| City | DELAND |
| Zip Code | 32724 |
| Area | 32724 Deland |
| Community Name | ORANGE COURT |
| Listing VS Median (in ORANGE COURT) | |
Price: $725,000 low | high Med: $750,000 sqft: 999 low | high Med: 3,074 $ / sqft: $726 low | high Med: $438 On site: 5 low | high Med: 37 | |
| State | FL |
|---|---|
| County | Volusia |
| City | DELAND |
| Zip Code | 32724 |
| Area | 32724 Deland |
| Community Name | ORANGE COURT |
| Listing VS Median (in ORANGE COURT) | |
Price: $725,000 low | high Med: $750,000 sqft: 999 low | high Med: 3,074 $ / sqft: $726 low | high Med: $438 On site: 5 low | high Med: 37 | |