BEDS4
BATHS
SQUARE FEET1,422
MLS#NS1088407
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONINWOOD
Property Description
*Investor Alert* or those seeking an Extra Income Producing Property! Lots of Possibilities! Flexible Ownership Usage; This Corner Lot, Two Unit Single Family Rental Property could also be Single Family Owners seeking extra Income or needing an additional separate In-Law Suite Efficiency Apartment complete with 2nd Kitchen, Full Bathroom and Walk-in Closet or a larger or extended family just needing more space and options! Located in New Smyrna Beach Florida just a short 10-15-minute drive to the Drive-On Beach, or a 5-minute drive to the Intracoastal for fishing, boating, parks, dining, shopping and all that this Coastal Community has available! A short, less than ten-minute drive to Route 95 for longer distance travel. Strong Cash Flow and Return On Investment for Investors (currently $3,375 / Month total gross) or new Home Owner can choose to offset their expenses by up to $1,325 / Mo. by renting out the Efficiency Apartment or by $2,050 / Month by renting out the Main Home and living in the Efficiency Studio Apartment. The Main Home features Two Bedrooms, both with walk-in closets, one Bathroom, Kitchen, Dining Area, Living Room and Bonus Room which could act as a third Bedroom (but no closet) or Office or Den or Sitting Room. Nice Hardwood Floors throughout the Living and Bedrooms while the Kitchen and dining and adjacent room receive Porcelain Tiles for easy cleanup and maintenance. The studio Efficiency Apartment features two Separate Entrances, a flexible Living/Sleeping Space with Ceiling Fan and Walk-in Closet, a separate Full Kitchen and Dining Area and a Full Bathroom with Shower (and a second natural Gas Water Heater). The Main Home and Efficiency Apartment both have Two Separate Entrances as well as Separate Off-Street Parking Areas. The corner Lot yard has some mature trees and Landscaping to accent its surroundings and spacious feel. The home has been well maintained and recently painted inside and out. Now is your chance to Own an Income Producing slice of sunshine in this wonderful community by the water. Note: Listing Agent has an interest in the property. Please verify all Details and Dimensions.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,381
Year Built: 1953
Amenities
Ceiling Fans(s)
Eat-in Kitchen
None
Feature Descriptions
Additional Rooms: Interior In-Law Suite w/Private Entry
Annual Net Income: 31653.00
Appliances: Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator
Days on Site: 4
Directions: Route 95 to Rt 44 (E), to Mission (N), to Enterprise (E) to Oak (S) , #486 on Corner ( 1st House Right Side)
Exterior: Frame
Flood Zone Code: X500
Flooring: Carpet, Wood
Foundation: Block
Home Warranty Y/N: No
Lease Terms: Twelve Months
Lot Dimensions: 0.24
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Security: Smoke Detector(s)
Sewer: Septic Tank
Showing Instructions: Supra Lock Box, Sentri Lock Box
Special Sale Provisions: None
Utilities: Cable Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: 01R-4
Local Schools
High School: New Smyrna Beach High
Middle School: New Smyrna Beach Middl
Elementary School: Chisholm Elem
Listed By / Shown By
Listed By
Agency Name: GRACE REALTY, INC.
Agency Contact: 386-427-1404
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 867.75 per month $591.78 Principal & Interest $198.42 Property Tax $77.55 Homeowner's InsuranceChange Payment Information
486 Oak Street | MLS# NS1088407
This multi-family property located at 486 Oak Street , New Smyrna Beach, FL 32168 is currently listed for sale with an asking price of $265,900. Search New Smyrna Beach real estate on www.realtymark.net today.