802 Grove AVE new Save Request In-Person Tour Request Virtual Tour
Holly Hill,FL 32117
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,889 sqft
Price per Sqft $179
Subdivision Not In Subdivision
MLS Listing ID 1216817
Bedrooms 4
Full Baths 3
Year Built 1952
Annual Tax Amount $3,700
Lot Size 5,227 Sqft
Lot Dimensions 0.12
Property Sub-Type Triplex
Source Daytona Beach Area Association of REALTORS®
Property Description
Turnkey Tri-Plex Investment Opportunity! Discover a rare/legal multifamily property in the heart of Holly Hill! This updated tri-plex offers three spacious units, all vacant and ready for occupancy. With strong projected income & modern upgrades throughout, it is ideal for investors seeking cash flow or owner-occupants looking to offset living costs. Located minutes from the Intracoastal Waterway, beaches, and local amenities, this property combines appeal with solid investment fundamentals. Whether you're expanding your portfolio or seeking a live-in income property, this one offers versatility, value, and long-term potential. Conservative estimates of $3900 monthly income potential put it well within the 1 percent rule. Roof done in 2024. Separate meters for electric and water for each unit. Add a coin op washer and dryer in garage for added income. Fire walls installed and new support beams as well. Work was permitted and finaled by Holly Hill. Don't miss out, CALL TODAY!
Location
State FL
County Volusia
Community Not In Subdivision
Direction South on US 1 from Ormond, turn right on 8th Street. Continue through stop sign to Grove. Home on northwest corner of Grove and 8th.
Interior
Heating Central,Electric,Heat Pump,Separate Meters,Individual
Cooling Central Air,Electric,Multi Units,Separate Meters
Exterior
Exterior Feature Balcony
Parking Features Garage,Shared Driveway,Unassigned,Other
Garage Spaces 1.0
Utilities Available Cable Connected,Electricity Connected,Separate Electric Meters,Sewer Connected,Water Connected
Roof Type Shingle
Total Parking Spaces 1
Garage Yes
Building
Lot Description Corner Lot
Water Public
Structure Type Frame,Vinyl Siding
New Construction No
Schools
Elementary Schools Holly Hill
High Schools Mainland
Others
Senior Community No
Tax ID 5337-40-09-0010
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional