429 W Wisconsin Avenue, Deland, FL 32720

$369,000
4
BD
3
BA
1,808
SqFt

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Sold Price
$369,000
List Price
$359,000
Status
Sold
Days on Market
38
Closing Date
Dec 13, 2024
MLS#
O6245331
Property Style
Duplex
Year Built
1925
Bedrooms
4
Bathrooms
3
Living Area
1,808
Lot Size
7,100
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Osteens Blk 120 S Rr Deland
MLS Area Major
Deland

Property Description

One or more photo(s) has been virtually staged. PRIME LOCATION & TWO DWELLINGS! Prime investment opportunity at 429 W Wisconsin Ave., DeLand, FL, 32720. This versatile property offers TWO INCOME-PRODUCING DWELLINGS on one lot, making it a standout asset for investors. With its prime location NEAR STETSON UNIVERSITY AND HISTORIC DOWNTOWN DELAND, this property is ideal for maximizing rental income from short- and long-term tenants. The main house features three bedrooms and two baths, with 1,328 heated square feet. Recent upgrades including fresh paint, luxury vinyl plank flooring, granite countertops and new stainless steel appliances make it move-in ready for tenants. Essential updates like the 2012 roof, newer HVAC systems in 2018 front, in 2021 back, and new water heaters in 2023 front, in 2021 back minimize maintenance costs and ensure long-term stability. The detached one-bedroom, one-bath apartment over the garage adds an additional 480 square feet of rentable space, complete with its washer and dryer, offering extra income potential. With *SEPARATE ELECTRICITY METERS* for each unit, the financial appeal is clear. The property also features a 480-square-foot garage and storage area, an active termite bond, and no carpeting for easier tenant turnover and maintenance. This property’s location, low-maintenance design and rental potential make it a smart addition to any investor's portfolio. The current owner was receiving $2,000 for the 3/2 and $1,100 for the 1/1 from their most recent tenants. Don’t miss this chance to capitalize on a highly desirable investment in DeLand.

Additional Information

Taxes
$3464
Annual Gross Income
37200
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
05R-2
Interior Layout
Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s)
Interior Features
Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s)
Floor
Ceramic Tile, Luxury Vinyl, Other
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Wood Frame, Wood Siding
Exterior Features
Lighting, Private Mailbox, Sidewalk, Storage
Roof
Shingle
Foundation
Crawlspace, Slab
Pool
No Pool
Garage Carport
2 Car Garage
Garage Spaces
2
Flood Zone Code
X
Parcel ID
7008-41-00-0080
Legal Description
E 50 FT OF S 142 FT OF LOT 8 OSTEENS SUB BLK 120 DELAND MB 2 PG 163 PER 5177 PG 3608 PER OR 6503 PGS 3382-3383 PER OR 6505 PGS 1929-1930 PER OR 7309 PG 1778 PER OR 7930 PG 1204

Listing courtesy of KELLER WILLIAMS WINTER PARK. 407-545-6430

Selling Office: COLDWELL BANKER (HAMMOCK).

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