61 Division Avenue
Ormond Beach, FL 32174

Listed at $1,050,000

Details

  • MLS# 1231014
  • Multi Unit - Multiple
  • Status Active
  • 9 Bedrooms
  • 6 full 1 partial Bathrooms
  • 5,006 Square Feet
  • 0.350 acres
  • Built in 1968
  • Local Schools

Description

LIVE HERE. EARN HERE. INVEST HERE! This one-of-a-kind Ormond Beach property offers a beautifully renovated 4BR/3BA main home PLUS THREE updated apartments--perfect for rental income, multigenerational living, or both! Everything has been redone with NEW ROOFS, HVAC systems, appliances, flooring, cabinetry and more! The three apartments include a 1BR/1BA and two 2BR/1BA units, with separate electrical meters for added convenience. Live in the main home while your rental units generate income! Just ONE BLOCK FROM THE RIVER and minutes from the amazing restaurants, shopping and entertainment along Granada Blvd. Whether you're looking for a beautiful...read more home, an income-producing property, or space for extended family, this property delivers. MOVE-IN READY + INCOME POTENTIAL = A RARE ORMOND BEACH OPPORTUNITY! MUST SEE! (Buyer to verify measurements) MORE THAN A HOME--THIS PROPERTY CREATES OPTIONS!What makes 61 Division Ave truly special is the flexibility it offers. Imagine living in the main residence while having three additional units available to help offset expenses and generate monthly income. Or create a private multigenerational setup where family members can live nearby while still enjoying their own independent spaces.For an investor, the configuration provides multiple rental opportunities on one property. For an owner-occupant, it offers the opportunity to combine homeownership with income-producing potential. The additional units could also provide flexibility as your needs change over time.The separate living spaces provide privacy and independence, while separate electrical meters for the apartments can help simplify rental management. With the extensive improvements already completed throughout the property, much of the heavy lifting has been done.And then theres the lifestyle. Being just one block from the river puts you close to everything that makes Ormond Beach such a desirable place to live. Enjoy nearby dining, shopping and entertainment along Granada Blvd, with the river and all that coastal living offers right around the corner.Properties offering this combination of space, flexibility, location and multiple living units dont come along every day.Whether your vision is to LIVE HERE, INVEST HERE, GENERATE INCOME HERE--or bring generations of your family together--61 Division Ave gives you options.Schedule your private showing and come see the possibilities for yourself.Buyer to independently verify measurements, permitted uses, rental potential, zoning, and all information important to their purchase decision.

Features

  • Electric Range
  • Electric Oven
  • Central Air
  • Laminate
  • Central
  • 3.0 Stories
  • $5,569 Taxes
  • Public
  • Built in 1968
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Electric Range, Electric Oven
  • Cooling: Central Air
  • Days on Site: 6
  • Directions: Take Beach Street from Granada South and turn right (West) on Division Ave. Home on the right side of the street. Apartment building located in the back of the main home.
  • Exterior: Block
  • Fireplace: Electric
  • Flooring: Laminate
  • Heating: Central
  • Laundry: Common Area, Multiple Locations
  • Listing Terms: Cash, Conventional, FHA
  • Lot Description: Other
  • Lot Dimensions: 70.0 ft x 215.0 ft
  • Lot Size: 0.35 Acres
  • Parcel #: 4222-09-10-0100
  • Parking: Parking Lot
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Road Frontage: City Street
  • Road Surface: Concrete
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • SQFT Total: 5130
  • Stories: 3.0
  • Taxes: $5,569
  • Tenant Pays: Cable TV, Electricity
  • Units: 4
  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Water: Public
  • Year Built: 1968