Deltona, FL 32725,102 CASCADE ST
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Deltona, FL 32725,102 CASCADE ST
Deltona, FL 32725,102 CASCADE ST
Deltona, FL 32725,102 CASCADE ST
Deltona, FL 32725,102 CASCADE ST

$860,000

Est. payment /mo

$900,000

4.4%
Est.Price: ?

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102 CASCADE ST Deltona, FL 32725

11 Beds

8 Baths

8,147 SqFt

SOLD DATE : 04/30/2024

Key Details

Sold Price $860,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 8,147 sqft

Price per Sqft $105

Subdivision Deltona Lakes Unit 29 & 37 Rep

MLS Listing ID V4935558

Bedrooms 11

Year Built 1981

Annual Tax Amount $9,290

Lot Size 0.750 Acres

New Construction false

Property Description

Introducing a rare gem in the real estate market - a collection of four detached single-family residences on a 3/4-acre site, boasting frontage on three streets. With a total of approximately 8,147 square feet of living area, this property offers a unique blend of space, privacy, and convenience. The property features three, 3 bedroom, 2 bath and one, 2 bedroom, 2 bath homes. Each home has been updated featuring, newer kitchens, bathrooms, and floor coverings. Attention to detail is evident, with short-lived items promptly replaced and nominal deferred maintenance across all units. Currently, three of the residences are occupied, while one has been freshly renovated and is slated to be leased. With rents considered below market, there is opportunity to increase the rental income upon the respective lease expirations. Each of the homes have wooden decks that are undergoing renovation at the present time. Positioned at a price point that promises a high cap rate and a low gross rent multiplier compared to similar properties in the area, this offering presents an enticing opportunity for astute investors seeking a reliable income stream with significant potential for growth. Don't miss out on this exceptional investment opportunity with the promise of substantial returns. Each of the homes are separately metered for utilities.

Location

State FL

County Volusia

Community Deltona Lakes Unit 29 & 37 Rep

Zoning PB

Rooms

Other Rooms Bonus Room

Interior

Heating Electric

Cooling Central Air

Laundry Inside

Exterior

Exterior Feature Sliding Doors

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

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Stellar MLS
Listed by DOYLE PROPERTIES INC
Bought with PREFERRED REAL ESTATE BROKERS

Patrick DeFeo

Agent | CQ266503493

+1(941) 518-0708

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