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$174,900 For Sale

532 Magnolia Avenue
Daytona Beach, FL 32114

3 units | Multi Family Home - MLS# 1057662
Property Photo
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Description

This triplex is perfect for an owner occupant or investor. You will be surprised to see that this old gem is solid as a rock. Price includes the triplex plus the adjoining lot PID 5339-21-02-0051 at 146 Marion St., making the yard 75 x 150. This size lot allows plenty of parking and room for storage of all the toys. The main house is 2 stories, about 1200 sq. ft., has 3 bedrooms, 2 baths, a newer central heat and air and a 1 car garage. The other 2 units are 1 bedroom, 1 bath each about 500 sq. ft. with PTAC units with heat and air. All are completely furnished. There are 3 electric meters with upgraded service in each unit, a new roof in 2016, gleaming hardwood floors, plus separate laundry for units 2&3. The home has been nicely maintained, is close to the colleges and shopping. You will be pleasantly surprised and the great value this home has to offer. Estimated rents could exceed $2300 a month just start renting and Daytona's rental market is HOT so it makes this a great investment. Get your appointment scheduled today. There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

Features

  • # Electric Meters: 3
  • # of Parking Spaces: 5
  • # Water Meters: 1
  • Air Conditioning: Central, Wall/Window Units
  • Appliances: Range, Refrigerator
  • Bedrooms: 5
  • Building Type: Apartment Building
  • County/Area: Volusia County
  • Depth: 150
  • Garage: Garage
  • Heating: Central
  • Inside: Cable TV, Ceiling Fans, Common Laundry, Individual Laundry, Security System, Smoke Detector
  • Land Type: Corner Lot
  • Listing Status: Active
  • Living Area: 2154.00
  • Lot SqFt: 11250
  • Outside: Balcony/Decking, Curb/Sidewalks, Fenced Yard, RV/Boat Parking
  • Owner Pays: Insurance Exterior, Insurance Interior, Lawn Care, Water
  • Parking: Garage, Lighted, Off Street
  • Parking Spaces: 5
  • Property Type: Multi Family Home
  • Roof: Composition Shingle
  • Sq.Ft.: 2688
  • SqFt Source: Property Appraiser
  • Sub Type: Triplex
  • Subdivision: Hodgmans
  • Subdivision/Neighborhood: Hodgmans
  • Tenant Pays: Electric
  • Units: 3
  • Utilities on Site: 400 Amp, Circuit Breaker
  • Water: City
  • Year Built: 1935
  • Zip Code: 32114
  • Zoning: Multi-Family

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