274 Laws Lane, Ormond Beach, FL 32174
- $496,326
- 1,708
- SqFt
- Sold Price
- $496,326
- List Price
- $550,000
- Status
- Sold
- Days on Market
- 223
- Closing Date
- Dec 12, 2024
- MLS#
- V4935709
- Property Style
- Triplex
- Year Built
- 1960
- Living Area
- 1,708
- Lot Size
- 6,600
- Acres
- 0.15
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Liberia Add Ormond Fla
- MLS Area Major
- Ormond Beach
Property Description
Great New Price! 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.
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Additional Information
- Taxes
- $5663
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Zoning
- MULTI
- Interior Layout
- Ceiling Fans(s), Crown Molding, Ninguno
- Interior Features
- Ceiling Fans(s), Crown Molding, Ninguno
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Concrete
- Exterior Features
- Outbuilding(s)
- Roof
- Other
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Off Street
- Elementary School
- Pine Trail Elem
- Middle School
- Ormond Beach Middle
- High School
- Seabreeze High School
- Flood Zone Code
- X & AE
- Parcel ID
- 424108020200
- 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
Listing courtesy of CALNAN REAL ESTATE. 386-675-1137
Selling Office: FLORIDA HOME TEAM REALTY LLC.Mortgage Calculator
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