Daytona Beach, FL 32114,1115 Ridgewood AVE

$1,250,000

$1,350,000

7.4%
Est.Price: ?

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Est. payment /mo

15 Beds

9,534 SqFt


SOLD DATE : 07/15/2024

Key Details

Sold Price $1,250,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,534 sqft

Price per Sqft $131

Subdivision Bethune Grant

MLS Listing ID 1110141

Sold Date 07/15/24

Bedrooms 15

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 1926

Annual Tax Amount $3,941

Lot Size 6,098 Sqft

Lot Dimensions 0.14

Property Description

DO NOT UNDER ANY CIRCUMSTANCE CONTACT PROPERTY MANAGER OR TENANTS.
Multi-tenant Investment Opportunity in Daytona Beach! This multifamily property is currently configured with 15 units with upside potential. Convenient location, room for updates and expansion, and solid rental demand. Property currently operates as a transitional living (sober living) facility operated under a master lease. Consequently, all financials provided are pro-forma. Don't miss out on this chance to capitalize on the growing Daytona Beach growing market!

Location

State FL

County Volusia

Community Bethune Grant

Direction 1 mile south of ISB on US1

Interior

Cooling Multi Units

Exterior

Exterior Feature Balcony, Other

Garage Off Street

Roof Type Other

Parking Type Off Street

Garage No

Building

Lot Description Other

Water Public

New Construction No

Others

Senior Community No

Tax ID 5340-05-02-0050

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Listed by Coldwell Banker Commercial Benchmark
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