Description
Looking for a CASH FLOW opportunity? Incredible long term rental investment and/or set up for an extended family. Sale includes the vacant lot (Parcel ID #533923010060) next to 550/552 Magnolia to make for a huge oversized lot that covers half an acre! Legal Rental License currently in place! Over $5,500 in Monthly Income! 550 Magnolia Ave. - the front structure on site features roof updates done in 2019. The 1st Floor of 550 Magnolia consists of tile flooring, 3 bedrooms, 2 bathrooms, 2 kitchenettes, and 2 living rooms; the 2nd Floor features luxury vinyl flooring, 3 bedrooms, 2 full bathrooms, 1 half bath, 2 kitchenettes, and 2 living rooms! 552 Magnolia - the second structure on site features tile flooring, 2 bedrooms, a full bathroom, a full kitchen, and living room! ... Continued ...Centrally located just a few minutes from the Atlantic Ocean, One Daytona, the Daytona Speedway, Daytona State College, Embry-Riddle Aeronautical University, Tanger Shopping Outlet, restaurants, and entertainment! This exceptional cash flowing opportunity will not last long!
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6BEDS
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0.48ACRES
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0BATHS
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01/2 BATHS
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3,201SQFT
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$106$/SQFT
School Ratings & Info
Description
Looking for a CASH FLOW opportunity? Incredible long term rental investment and/or set up for an extended family. Sale includes the vacant lot (Parcel ID #533923010060) next to 550/552 Magnolia to make for a huge oversized lot that covers half an acre! Legal Rental License currently in place! Over $5,500 in Monthly Income! 550 Magnolia Ave. - the front structure on site features roof updates done in 2019. The 1st Floor of 550 Magnolia consists of tile flooring, 3 bedrooms, 2 bathrooms, 2 kitchenettes, and 2 living rooms; the 2nd Floor features luxury vinyl flooring, 3 bedrooms, 2 full bathrooms, 1 half bath, 2 kitchenettes, and 2 living rooms! 552 Magnolia - the second structure on site features tile flooring, 2 bedrooms, a full bathroom, a full kitchen, and living room! ... Continued ...Centrally located just a few minutes from the Atlantic Ocean, One Daytona, the Daytona Speedway, Daytona State College, Embry-Riddle Aeronautical University, Tanger Shopping Outlet, restaurants, and entertainment! This exceptional cash flowing opportunity will not last long!
© 2021 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Zimmerman | Adams Cameron & Co. Realtors. Data last updated: 2021-01-15T18:24:18.727.