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601 State Ave, Holly Hill, 8 BR, Pine Crest, Stand Alone, Multi-family For Sale

601 State Ave, Holly Hill, 8 BR, Pine Crest, Stand Alone, Multi-family For Sale
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$319,000.00
($61.00/sqft)
Holly Hill Multi-family For Sale
8 beds, 5194 living sqft

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MLS #508431 | 601 State Ave, Holly Hill, 8 BR, Pine Crest, Stand Alone, Multi-family For Sale601 State Ave
Holly Hill, FL 32117
Price reduced $31,000.00 since 8/4/10, NOW $319,000.00 | THIS ONE IS A SOLID GOLDMINE 8 UNITS FULLY RENTED AND WELL ESTABLISHED IN DESIREABLE LOCATION IN HOLLY HILL. YOU MUST SEE THIS ONE TO BELIEVE HOW WELL UPKEPT THE PROPERTY IS. OWNER IS READY TO MOVE ON, DO NOT MISS THIS TREMENDOUS OPURTUNITY!!!!!TENANTS PAY OWN ELECTRIC AND CABLE. WATER BILL ONLY 475 ON AVERAGE MONTH.......MONTHLY INCOME JUST UNDER $5000!!!"HUGE COMMERCIAL LOT ON EAST SIDE OF PROPERTY POSSIBLE LAUNDRY
Low interest financing available. Get Pre-Qualified
Top Features: for sale , Subdivision: Pine Crest , Lot SQFT: 5194sqft , Built in  1973
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Aswin Suri
888-608-6564
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This listing was first listed on this web site on August 4, 2010 and it was last updated on January 31, 2012

Property Information

Air Conditioning:Central
Appliances:Range, Refrigerator
Building Type:Stand Alone, Apartment Bldg.
Complex Name Mlt:CROSSCREEK APRTMENTS
Construction:Concrete Block
County:Volusia
Heating:Central
Land Type:Corner Lot
Maint Expenses Paid By:N
Pool:None
Property Type:MULTIFAMILY
Road Frontage Depth:100
Road Frontage:115
State:FL

Unit or Room Information

Bedroom Baths 1:1
Bedroom Desc 1:2 Bedroom
Bedroom Rent 1:650
Bedroom Rooms 1:2
Bedroom Units 1:3
Efficiency Baths:1
Efficiency Desc:1 Bedroom
Efficiency Rentals:550
Efficiency Rooms:1
Efficiency Units:5
Inside Features:Smoke Detectors, Cable TV
Units:8

SQFT and Dimensions

Lot Size:11500
Sqft Living Area:5194
Sqft Total:5194

Parking

Parking Spaces:10
Parking:Parking Lot

Financing & Sale Information

Annual Noi:50000
Annual Rent:56400
Current Occupancy Rate:97
Monthly Lease Payment:4700
Owner Pays:Water
Parcel Number:533701000760
Tenant Pays:Cooling, Heating, Cable TV

Utilities

Electricity Meters:8
Sewer:Public
Utilities On Site:Circuit Breakers
Water Meters:1
Water:Public

Legal, Zoning & Restrictions

Asis Condition:Yes
Directions:FROM MASON AVE. GO NORTH ON US1/RIDGEWOOD MAKE A LEFT ON 6TH STREET 601 WILL BE ON YOUR RIGHT...
Legal Desc:Lot 76 Pine Crest Holly Hill Per Or 4665 Pg 1288
Zoning:COMMERCIAL

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Daytona Beach Area Association of REALTORS (updated 2/10/12) , My Florida Regional MLS (updated 2/10/12) , New Smyrna Beach Boards of REALTORS (updated 2/10/12) , Miami Association of REALTORS (updated 2/10/12) , Flagler County Association of REALTORS (updated 2/10/12)
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601 State Ave, Holly Hill, 8 BR, Pine Crest, Stand Alone, Multi-family For Sale