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274 Laws Lane, Ormond Beach, FL 32174

19 Photos
Front
$550,000 List Price
In Contract on 11/24/2024
 
Listing ID 11324505
Property Type Multi-Unit (2-4)
County Volusia
Neighborhood Liberia Ormondorded Map
School Volusia-Ormond Beach
Total Tax $5,663
Tax ID 4241-08-02-0200
FEMA Flood Map fema.gov/portal
Year Built 1960
   
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Solid Triplex with Unique Opportunity

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.
Property Details
  • 4 Total Bedrooms
  • 4 Full Baths
  • 1708 SF
  • 0.15 Acres
  • Built in 1960
  • Renovated 2020
  • 2 Stories
  • Available 4/15/2024
  • Two Story Style
  • Slab Basement
  • Renovation: every apartment is nicely updated
Interior Features
  • Open Kitchen
  • Glass Kitchen Counter
  • Oven/Range
  • Refrigerator
  • Ceramic Tile Flooring
  • Furnished
  • 11 Rooms
  • Laundry
  • Forced Air
  • Other Heat Type
  • Electric Fuel
  • Central A/C
  • Wall/Window A/C
Exterior Features
  • Masonry - Concrete Block Construction
  • Flat Roof
  • Municipal Water
  • Municipal Sewer
  • Deck
  • Covered Porch
  • Room For Pool
  • Driveway
  • Shed
  • Near Bus
Community Details
  • Triplex (Bldg. Style)
  • Laundry in Building
Taxes and Fees
  • $5,663 Total Tax
  • Tax Year 2023
Listed By
Calnan Real Estate
Office: 386-675-1136
Listing data is deemed reliable but is NOT guaranteed accurate.
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