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Sold for $860,000 on 04/30/24
  • $860,000

    102 Cascade St, Deltona, FL 32725

    11beds
    8baths
    8,147sqft
    Quadruplex, Multi Family
    Built in 1981
    -- sqft lot
    $822,600 Zestimate®
    $106/sqft
    $1,409 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: May 01, 2024 at 02:48pm

    Listing Provided by:

    Robert Doyle, II 386-717-1068,

    DOYLE PROPERTIES INC 386-738-0577

    Bought with:

    Michael Giorgio

    PREFERRED REAL ESTATE BROKERS

    Source: Stellar MLS,MLS#: V4935558MLS LogoOriginating MLS: West Volusia

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 8
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Split Bedroom, Thermostat
    • Doors: Sliding Doors
    • Has fireplace: Yes
    Interior area
    • Total structure area: 8,147
    • Total interior livable area: 8,147 sqft

    Property

    Lot
    • Size: 0.75 Acres
    Details
    • Parcel number: 803605060010
    • Zoning: PB
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Deltona
    • Subdivision: DELTONA LAKES UNIT 29 & 37 REP

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 7300

    Other

    Other facts
    • Listing terms: Cash,Conventional,Other
    • Ownership: Fee Simple
    • Road surface type: Asphalt, Paved
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $822,600
    2% more+ $16,452
    With Zillow Showcase(estimated)
    $839,052