Property Description
Unique multi-structure income property in a prime Daytona Beach location! This versatile offering includes a two-story duplex, a separate single-family home, and a detached studio unit, all situated on one parcel with strong income potential. The duplex consists of two units, each currently rented at $1,500 per month. The detached studio generates $1,000 per month, while the single-family home rents for $2,200 per month. The property offers ample parking, a fully fenced lot, and a shared outdoor area with a covered pergola. Located on a corner lot just minutes from downtown Daytona Beach, colleges, hospitals, shopping, dining, and the beach. Excellent opportunity for investors seeking multiple income streams in a high-demand area.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.27 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,716
Year Built: 1946
Square Feet: 2,928
Amenities
Ceiling Fans(s)
Sidewalk
Feature Descriptions
Annual Net Income: 70000.00
Days on Site: 73
Directions: ISB W to MLK. Left on MLK to Magnolia/MLK. House in front on Magnolia and apartments in back face MLK.
Exterior: Concrete
Flood Zone Code: x
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.27
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: None
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 4
Utilities: Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RINC
Local Schools
High School: Mainland High School
Middle School: Campbell Middle
Elementary School: Turie T. Small Elem
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS RLTY FL. PARTN
Agency Contact: 386-944-2800
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 4,427.80 per month $3,804.68 Principal & Interest $393.00 Property Tax $230.13 Homeowner's InsuranceChange Payment Information
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572 Magnolia Avenue | MLS# FC314750
This multi-family property located at 572 Magnolia Avenue, Daytona Beach, FL 32114 is currently listed for sale with an asking price of $789,000. Search Daytona Beach real estate on www.watsonrealtycorp.com today.