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730 Lindley Boulevard, Deland, FL 32724

$725,000
10
BD
5
BA
999
SqFt
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List Price
$725,000
Status
Active
MLS#
V4951465
Property Type
Quadruplex
Bedrooms
10
Bathrooms
5
Living Area
999
Lot Size
17,490
Region
Deland
Area
999
County
Volusia
Acres
0.40
Year Built
1957
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Property Description

Secure 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.

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Additional Information

Roof
Roof Over, Shingle
Land Type
No Deed Restriction
Zoning
01R3
Lot Size
17,490
Construction
Other
Pets
Yes
Year Built
1957
Sewer
None
Heating
Other
Subdivision
Orange Court
Living Area
999
Style
One Story
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Listing courtesy of ADAMS, CAMERON & CO., REALTORS. 386-717-3445

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