Daytona Beach, FL 32114,1517 MISSISSIPPI ST
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Daytona Beach, FL 32114,1517 MISSISSIPPI ST
Daytona Beach, FL 32114,1517 MISSISSIPPI ST
Daytona Beach, FL 32114,1517 MISSISSIPPI ST
Daytona Beach, FL 32114,1517 MISSISSIPPI ST

$250,000

Est. payment /mo

$329,000

24.0%
Est.Price: ?

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1517 MISSISSIPPI ST Daytona Beach, FL 32114

5 Beds

3 Baths

1,736 SqFt

SOLD DATE : 03/10/2023

Key Details

Sold Price $250,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,736 sqft

Price per Sqft $144

Subdivision Madison Heights

MLS Listing ID O6062438

Sold Date 03/10/23

Bedrooms 5

Construction Status Financing

HOA Y/N No

Originating Board Stellar MLS

Year Built 1968

Annual Tax Amount $2,063

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50x100

Property Description

Legal Tri-plex is located just north of Halifax Hospital in a nice quiet neighborhood surrounded by mostly single-family homes with lots of surrounding new construction. Completely remodeled with newer windows, central AC in both 2/1 apts, new attic insulation, updated and newer kitchens, and baths with tile and vanities and new tub in apt 1, newer water heaters,3 Upgraded electric services with all new panels, riser and upgraded to 200 amps from 125 amps, updated plumbing, newer interior and exterior paint, newer landscaping, gravel parking for 6 cars, Termite bond. 3 units with $3050 per month income with room to increase easily. Brand new roof September 2022. Concrete block construction, even most of the interior walls are concrete. Apt 3 is rented at 750 (below market value) the seller is offering a credit of $2200 to bring it up to market rent for the remainder of the lease. The market rent per DBHA is 1025. The lease expires on 8/31/2023, so you can turn over the unit at that time. The seller is offering a credit of 5k for renovations for this unit so it can be renovated once the tenant vacates. Apt 1 and Apt 2 are both purposely vacant so the new owner can choose their own tenants. Cash buyers or min 20% down Only, at this point. Listing agent is Owner. NO seller financing or subject to financing.
Recently appraised at $335,000. Easy to show! 3 electric meters AND 3 water meters. 2 miles to the Daytona Speedway and 4 miles to Daytona drive on Beach.

Location

State FL

County Volusia

Community Madison Heights

Zoning R-3

Interior

Interior Features Window Treatments

Heating Central, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Flooring Ceramic Tile

Furnishings Unfurnished

Fireplace false

Appliance Range, Refrigerator

Laundry None

Exterior

Exterior Feature Rain Gutters

Parking Features Off Street, Open

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Porch Covered, Front Porch, Rear Porch

Garage false

Private Pool No

Building

Lot Description Corner Lot, Paved

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block, Stucco

New Construction false

Construction Status Financing

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by FLORIDA REALTY INVESTMENTS
Bought with EXP REALTY LLC

Jason VanDam

Broker Associate | License ID: BK3037091

+1(407) 625-1836

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