309 Trixie Street - **Seller Financing Available**
Commercial Multifamily Duplex for sale in T-2 Zoning...
Marketing description
Incredible investment property. Average rental income of over $3200 month for both units combined. Great cash on cash return. This building consists of two units-one approx. 1500 sq ft. and one approx. 700 sq ft. Larger unit is 3 BR/1 BTH and is split on two levels. It offers a HUGE living room, kitchen, dining area plus 1 bedroom on main (ground) level. The other two bedrooms are located upstairs. This unit is approx. 1500 sq ft. The other unit is approx. 700 sq ft and you access it from the outside stairs private entrance. It is all on the second level 2BR/1BTH. The property has a nice patio, fenced yard, and storage area. Conveniently located to everything and walking distance to a public transportation route. Just minutes to Embry Riddle Aeronautical University. Right next door to Daytona Municipal Golf Golf Course! Located 1.2 miles from the beach access makes this a highly desired destination. Close to Daytona International Airport.
Investment highlights
Lots of opportunities on this commercial property, currently set up as a duplex generating $3200/mo in long term rental income. Having no rental restrictions, the rental potential is endless. Zoned T-2 this property offers the ability to create a variety of business opportunities and/or 6-7 office spaces. Cap rate of approximately 7-10%. New roof in 2018.
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