New Smyrna Beach, FL 32168,451 HICKORY ST
New Smyrna Beach, FL 32168,451 HICKORY ST
New Smyrna Beach, FL 32168,451 HICKORY ST
New Smyrna Beach, FL 32168,451 HICKORY ST
New Smyrna Beach, FL 32168,451 HICKORY ST
New Smyrna Beach, FL 32168,451 HICKORY ST
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$170,000

$189,000

10.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,268 SqFt


SOLD DATE : 01/25/2019

Key Details

Sold Price $170,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,268 sqft

Price per Sqft $74

Subdivision Inwood New Smyrna

MLS Listing ID R4900464

Sold Date 01/25/19

Construction Status Appraisal

HOA Y/N No

Year Built 1945

Annual Tax Amount $2,403

Lot Size 0.570 Acres

Acres 0.57

Lot Dimensions 125X200

Property Description

Investors ALERT! Recently renovated and ready for the finishing touches, with remodeled kitchens, bathrooms, and living rooms. This triplex would generate a massive 16% return on investment based on market rents for the area! The options with this property are endless, the lot is sub-dividable meaning you can build an additional building behind the existing structure to generate a higher return. And being a property with less than 4 units, an owner occupant can purchase this property with as little as 3.5% down, live in it for a year, rent out the other two units, and cover the mortgage while living for free! Located off of busy US1 and less than 5 minutes from the beach, you won't find much trouble leasing the property, you also have the option of utilizing our property management services where we average less than 20 days to lease properties, record time! The options with this property are limitless, don't wait out on this deal, with property prices quickly rising in Volusia county, you won't be able to find a deal generating this kind of return for much longer. Call us today for a showing!

Location

State FL

County Volusia

Community Inwood New Smyrna

Zoning 01R4

Interior

Heating Electric

Cooling Central Air

Fireplace false

Exterior

Exterior Feature Balcony, Rain Gutters, Storage

Utilities Available Electricity Available, Electricity Connected, Water - Multiple Meters

Garage false

Private Pool No

Building

Lot Size Range 1/2 Acre to 1 Acre

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Construction Status Appraisal

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by GTL PROPERTY MANAGEMENT & SALESÁ
Bought with GTL PROPERTY MANAGEMENT & SALESÁ
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