$420,000
$420,000
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1202 Ridgewood AVE Holly Hill, FL 32117
7 Beds
1,848 SqFt
Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,848 sqft
Price per Sqft $227
Subdivision Not In Subdivision
MLS Listing ID 1091432
Sold Date 05/20/22
Bedrooms 7
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1984
Annual Tax Amount $2,100
Property Description
Cash Cow! Great investment opportunity! 7 efficiency units, located in the heart of Holly Hill, easy access to freeway, shopping centers, and 10 minutes to the beach. 100% rented. Total monthly rent is $5,800. We have an HOA fees of $1,330 (that is $190 per unit which includes Water, Electricity, gas, internet, cable, ground keeping, insurance, exterminator).Our tenants pay between $800 to $900 per unit for rent with all utilities included. Exterior paint is being done on all buildings and the pool is being totally rebuilt. The HOA has a total of 105 units.
Location
State FL
County Volusia
Community Not In Subdivision
Direction From LPGA and Ridgewood, go North on Ridgewood to property on the left.
Interior
Cooling Wall/Window Unit(s)
Exterior
Parking Features Off Street, Parking Lot
Utilities Available Natural Gas Available
Roof Type Other
Building
Water Public
Structure Type Block,Concrete
Others
Senior Community No
Tax ID 4242-88-00-1340
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