Address
274 Laws LANE, ORMOND BEACH, FL
Price
$ 639,900
Property Attributes
- MLS#V4935709
- TypeIncome
- CountyVOLUSIA
- CityORMOND BEACH
- AreaOrmond Beach
- NeighborhoodLiberia Add Ormond Fla
- Zip32174
- StyleTriplex
- Year Built1960
- Taxes$ 5663
- Price$ 639,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1708
- Lot Size0.15 Acres
Data Source:
Stellar MLS
Property Description
Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment 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. Buyers should check city zoning for rental restrictions.
| Elementary School | Middle School | High School |
|---|---|---|
| Pine Trail Elem | Ormond Beach Middle | Seabreeze High School |
| Price History | |
|---|---|
| 4/15/2024 | Listed $639,900 |
General Features
| Interior Features | Ceiling Fan(s),Crown Molding,Ninguno |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Wall/Window Unit(s) |
| Utilities | Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected |
| Roof | Other |
| Exterior Features | Outbuilding |
| Zoning | MULTI |
| Construction Materials | Concrete |
| Year Built | 1960 |
| Levels | Two |
| Property SubType | Triplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| County | Volusia |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | LIBERIA ADD ORMOND FLA |
| Garage Y/N | No |
| Status | Active |
| Directions | from Granada and US1 head south a few blocks to Laws lane on right,go to end of street |
| ModificationTimestamp | 2024-05-25T03:14:34.577Z |
| High School | Seabreeze High School |
| City | ORMOND BEACH |
| Buyer Agent Compensation | 2% |
| Disclosures | Lead Paint |
| View Y/N | No |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 3 |
| MLS Area | 32174 - Ormond Beach |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6600 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Elementary School | Pine Trail Elem |
| Land Lease Y/N | No |
| Tax Annual Amount | 5663.72 |
| Middle/Junior High School | Ormond Beach Middle |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/V4935709 |
| Days on Market | 39 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 20 |
| Legal Description | LOT 20 BLK 2 LIBERIA ORMOND MB 2 PG 118 PER OR 4684 PGS 0511-0514 INC PER OR 6268 PG 0851 PER OR 6301 PGS 1427-1428 PER OR 6598 PG 4793 PER OR 8072 PG 3890 |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | X & AE |
Interior Features
| Furnished Y/N | Furnished |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Laundry Features | Common Area |
| LivingAreaSource | Public Records |
Exterior Features
| Parking Features | Off Street |
|---|---|
| Water Source | Public |
| Lot Size Area | 6600 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 2500 |
| Lot Dimensions | 60 x 110 |
| Lot Size Acres | 0.15 |
| Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 32174
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on June 16, 2024 2:32 AM UTC The listing information on this page last changed on Last updated on June 16, 2024 2:32 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 16, 2024 2:32 AM UTC
