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$401,019
Lake Helen Blk 102 SubDv. 32744 Zip Code
Investment Opportunity: Fully Leased Five-Unit Apartment Building in Downtown Lake Helen, Florida awaiting the next investor. The complex boasts four 2-bedroom units and one single bedroom unit. All units with new windows and central HVAC units. Ample parking and located on a quite dead-end street across from the popular charter school and directly next to a daycare making it convenient for tenants with children. The property is within walking distance to stores and the city park and less than a block from the local police department. Lake Helen is a Family Friendly “Gem of Florida”, Lake Helen is with its many parks and large lakes for fishing and boating, annual events and small-town atmosphere. Minutes from nearby vibrant downtown Deland with shopping, fine and casual dining and more. Five minutes from I-4 west to Disney World/Universal Studios or east to World Famous Daytona Beach. Each tenant responsible for their own electric via the 5 independent meters. There is one master water meter and water billed quarterly and very inexpensive as units are on septic system. It will need a new roof and all units are with salvinia electrical panel boxes. Seller has obtained quotes for replacement of both and can be provided upon request. Serious inquires only. Please rely on pictures for condition of interior apartments. In respect of tenants, interior inspections/showings may occur during due diligence/inspection period only. This property is being sold AS IS.

550 S Lakeview Drive, Lake Helen

$315,000
3 Beds 2 Baths Lake Helen Blk 15 SubDv. 32744 Zip Code
Check out this duplex in lovely Lake Helen. Live on one side and have income on the other. Or rent out both sides. Unit A is currently occupied by a tenant until June 30th and offers 2 bedrooms and 1 full bath. Unit B is ready now. Unit B has 1 full bedroom and 1 full bath and an office/den (2nd bedroom potential) a remodeled kitchen with new appliances, new flooring and updated lighting. Windows were replaced in 2019. Both units have central heat and air and both units have their own indoor laundry room. All appliances stay. This duplex is on City Water. Located on huge corner lot that is fenced for privacy and there is a one car detached garage which provides ample storage. Plenty of parking. Centrally located. Metal roof.

434 S Lakeview Drive, Lake Helen