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274 Laws Lane,  Ormond Beach FL, 32174

(Active)
$639,900
|
1,708 sqft
|
MLS# V4935709
Last Updated: 5/16/2024 2:33 PM
Description for 274 Laws Lane Ormond Beach, FL 32174
Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.
Price
$639,900
LIBERIA ADD ORMOND FLA
Volusia
1,708 (approx)
V4935709
Active
Description
Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.
Listing Information
Property Type: Triplex, Multi-Family, 2 Story
0.15 Acres 1,708 (approx) 1960
2 Other
14S//
LIBERIA ADD ORMOND FLA
Slab
Public
Public Sewer
Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Neighborhood
School Information
Pine Trail Elem Ormond Beach Middle Seabreeze High School
Room Information
Common Area
Interior Features
Window/Wall Unit
Other, Central
Crown Molding
Exterior / Lot Features
Off Street
Other
Other
60x110
MULTI
Driving Directions
from Granada and US1 head south a few blocks to Laws lane on right, go to end of street
Financial Considerations
424108020200
$5,664
Listing Price History

Ormond Beach Real Estate

Ormond Beach is located in Florida. Ormond Beach, Florida 32174 has a population of 43,571.

The median household income in Ormond Beach, Florida 32174 is $58,426. The median household income for the surrounding county is $52,138 compared to the national median of $66,222. The median age of people living in Ormond Beach 32174 is 46 years.

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Courtesy: CALNAN REAL ESTATE, 386-675-1137


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 independently 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. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/16/2024 2:33 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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