Listed by Better Homes & Gardens RE Synergy
$849,000
4 Potomac Drive
Details
Property Type Multifamily
Sub Type Multigenerational housing, Long term furnished rental
Square Footage 3,330
Units 3
Cap Rate 6.02%
NOI $85,200
Occupancy 100%
Tenancy Multi
Year Built 2018
Buildings 1
Acreage 0.250
Zoning SFR-2 (Single-Family Residential)
Parking Spaces 2 spaces
Parking Per SqFt 0.60
Investment Type Stabilized
Ownership Concrete Block
Multifamily | 6.02% CAP | 3 Units
Marketing description
4 Potomac Drive is a rare, income-producing residential property offering three completely separate living spaces under one roof, ideal for investors, multigenerational families, or owner-occupants seeking flexibility and functionality.
This 3,330 sq ft home sits on a spacious lot and features shared outdoor amenities including a heated saltwater pool, covered porch, fire pit area, fenced backyard, and shared storage in the 2-car attached, climate-controlled garage.
Currently configured and leased as a tri-plex with three annual, furnished leases in place, the property generates $7,100 per month in stable income.
Investment highlights
- Three completely private living units with separate entrances
- Stable income with three annual, furnished leases in place
- Total monthly income of $7,100
- Shared resort-style amenities increase tenant appeal
- Low-maintenance, modern construction
- Multiple use cases and strong rental demand
- Successfully operated as an Airbnb in the past
- Owner storage in climate-controlled 2-car garage
- Located in a desirable Palm Coast neighborhood
Listing Contacts
Listed by Better Homes & Gardens RE Synergy
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,200.00
$7,100.00/mo
Valuation Metrics
0
DSCR
10.04%
Cap Rate
10.04%
ROI
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