One or more photo(s) has been virtually staged. PRIME LOCATION & TWO DWELLINGS! Prime investment opportunity at 429 W Wisconsin Ave., DeLand, FL, 32720. This versatile property offers TWO INCOME-PRODUCING DWELLINGS on one lot, making it a standout asset for investors. With its prime location NEAR STETSON UNIVERSITY AND HISTORIC DOWNTOWN DELAND, this property is ideal for maximizing rental income from short- and long-term tenants. The main house features three bedrooms and two baths, with 1,328 heated square feet. Recent upgrades including fresh paint, luxury vinyl plank flooring, granite countertops and new stainless steel appliances make it move-in ready for tenants. Essential updates like the 2012 roof, newer HVAC systems in 2018 front, in 2021 back, and new water heaters in 2023 front, in 2021 back minimize maintenance costs and ensure long-term stability. The detached one-bedroom, one-bath apartment over the garage adds an additional 480 square feet of rentable space, complete with its washer and dryer, offering extra income potential. With *SEPARATE ELECTRICITY METERS* for each unit, the financial appeal is clear. The property also features a 480-square-foot garage and storage area, an active termite bond, and no carpeting for easier tenant turnover and maintenance. This property’s location, low-maintenance design and rental potential make it a smart addition to any investor's portfolio. The current owner was receiving $2,000 for the 3/2 and $1,100 for the 1/1 from their most recent tenants. Don’t miss this chance to capitalize on a highly desirable investment in DeLand.

Listing courtesy of PREMIER SOTHEBY'S INTL. REALTY 4076080086



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Data last updated at: 2024-10-29 08:00 PM EDT