9 Beds
7 Baths
5,006 SqFt
9 Beds
7 Baths
5,006 SqFt
Open House
Sat Sep 26, 2:00pm - 5:00pm
Key Details
Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,006 sqft
Price per Sqft $209
Subdivision Village Of Melrose
MLS Listing ID 1231014
Bedrooms 9
Full Baths 6
Half Baths 1
Year Built 1968
Annual Tax Amount $5,569
Lot Size 0.350 Acres
Lot Dimensions 0.35
Property Sub-Type Quadruplex
Source Daytona Beach Area Association of REALTORS®
Property Description
The main residence has been extensively renovated, creating a fresh, move-in-ready home with modern finishes throughout. But what truly sets this property apart is the incredible flexibility and income potential offered by the three additional apartments located behind the main home.
The apartments include a 1-bedroom/1-bath unit and two 2-bedroom/1-bath units. Each has been renovated with updated flooring, cabinetry, appliances, HVAC and more. The apartments are also on separate electrical meters, making rental management even easier.
Live in the main home while generating rental income, use the additional units for multigenerational living, or create a combination that works for you. This property offers possibilities that are increasingly hard to find!
The location is another huge bonus--just one block from the river and a quick ride to the fantastic dining, shopping and entertainment along Granada Blvd and throughout Ormond Beach.
Whether you're looking for a primary residence with built-in income potential, an investment opportunity, or room for extended family while still maintaining privacy, 61 Division Ave checks all the boxes.
Live. Invest. Earn. All in one property. This is a MUST SEE!
Location
State FL
County Volusia
Community Village Of Melrose
Direction Take Beach Street from Granada South and turn right (West) on Division Ave. Home on the right side of the street. Apartment building located in the back of the main home.
Interior
Heating Central
Cooling Central Air
Fireplaces Type Electric
Fireplace Yes
Exterior
Parking Features Parking Lot
Utilities Available Cable Available, Electricity Connected, Water Connected
Roof Type Shingle
Garage No
Building
Lot Description Other
Water Public
Structure Type Block
New Construction No
Others
Senior Community No
Tax ID 4222-09-10-0100
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
NEARBY SCHOOLS & PROPERTIES
📍Volusia County and soundings
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