Homes for sale - 1 SMITH STREET CT, Deland, FL 32724

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Kristen Comstock

kristen@lhgnation.com +1(813) 291-0050

$545,000

Est. payment - /mo

2,876 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,876 sqft

Price per Sqft $189

MLS Listing ID V4932753

HOA Y/N No

Originating Board Stellar MLS

Year Built 1936

Annual Tax Amount $5,096

Lot Size 2.110 Acres

Acres 2.11

Property Sub-Type Multi-Family

Property Description

**Back on market due to buyers financing falling through** Welcome to one of the most unique investment opportunities in DeLand! Nestled close to town, schools and shopping is an over 2-acre parcel that offers privacy and seclusion more akin to what you would find in a more rural area. On this lovely parcel there are 5 residential structures with a total of 6 residential units, all of which are currently rented as income properties. These units, which were built between 1936 and 1960 according to the public records, are frame structures of the Florida vernacular style. The units include three single families with 1 bedroom / 1 bath, one single family with 2 bedrooms /1 bath, and one duplex with 1 bedroom / 1 bath on each side. All units are connected to public water and the water supply system from street to all units was replaced in 2021. The units share a common septic system and drain field which was replaced in 2017, with a new septic pump in 2020. One unit received a new roof in 2022. The possibilities of this property are endless. The next owner could continue to operate as a cash-flow investment, possibly even contemplating adding additional units. Or a group of friends could consider purchasing as a one-of-a-kind shared living community/farm. The only limit is one's imagination! 3 recent re-roofs and electrical update. *All info to be verified by buyer*

Location

State FL

County Volusia

Zoning 01R7

Interior

Interior Features Other, Window Treatments

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Fireplace false

Exterior

Exterior Feature Lighting

Utilities Available Electricity Connected, Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Pillar/Post/Pier

Lot Size Range 2 to less than 5

Sewer Septic Tank

Water Public

Structure Type Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4932753

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Listed by GREENE REALTY OF FLORIDA LLC

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1 SMITH STREET CT Deland, FL 32724