Daytona Beach, FL 32114 542 N Ridgewood Avenue
$675,000
4 more
Presented By: Realty Pros Assured
Baths • 3
SQFT • 8,127
Garage • 1
Home Details
10 unit Multi Family property newly available which generates excellent income (a little over a 10% cap) and still has 2 vacancies. This property has received updates to many of the units and they vary from 2 bedroom units to studios. 3 Separate buildings with plenty of parking. Enter or exit from either US-1 or Taylor. FDOT has a nearly 10 million dollar project that is slated to begin in a few months, that will transform US-1, with new lighting, bicycle lanes, landscaping and roadway. The recently renovated 25 acre Riverfront esplanade park and downtown are walking distance.
Please do not disturb tenants.
Presented By: Realty Pros Assured
Interior Features for 542 N Ridgewood Avenue
Bathrooms
Total Baths3
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
FlooringLaminate, Tile, Wood
Heating Y/NYes
General for 542 N Ridgewood Avenue
Additional Parcels Y/NNo
Attached Garage No
Building FeaturesFenced, Laundry, Private Restroom, Rear Access
Business TypeResidential
CityDaytona Beach
Construction MaterialsFrame, Stucco
CoolingCentral Air, Electric, Wall/Window Unit(s), Ceiling Fan(s), Window Unit(s)
CountyVolusia
Current UseInvestment, Multi-Family
DirectionsMason Ave to Us-1(ridgewood) head south, property is on the right.
Gross Income8000.0
HOANo
HeatingCentral, Electric, Varies by Unit, Other
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lease TypeOther
Legal Description38-15-33 LOTS 56 & 58 & E 1/2 OF LOT 55 EXC R/W MARSHALL SUB COLEMANS DAYTONA MB 15 PG 199 PER OR 4027 PG 2555 PER OR 4114 PG 4652 PER OR 6678 PG 1276 PER OR 8355 PG 1041
Lot Size Square Feet12632.4
Lot Size UnitsAcres
MLS Area34 - Daytona ISB to Mason, E of 95
MLS Area Minor34 - Daytona ISB to Mason, E of 95
MobileHomeRemainsYNNo
New Construction None
Number Of Units Total0
Operating Expense1500.0
OwnerPaysElectricity, Exterior Maintenance, Gas, Hot Water, Insurance, Pest Control, Repairs, Sewer, Taxes, Trash Collection, Water
PossessionClose Of Escrow
Property SubtypeMulti Family
Property TypeCommercial Sale
Rent Control Y/NNo
RoofShingle
Security FeaturesSecurity Gate
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4485.62
Tax Year2024
Tenant PaysCable TV, Other
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Year Built1925
Exterior for 542 N Ridgewood Avenue
Building Area Total8127.0
Crops Included Y/NNo
FencingFenced, Full, Wood, Wrought Iron
Horse Y/NNo
Inclusions{u'Building & Land': True}
Irrigation Water Rights Y/NNo
Lot FeaturesCleared, Split Possible, Uplands
Lot Size Acres0.29
Lot Size Area0.29
Parking FeaturesDetached, Gated, Guest, On Street, Parking Lot, Shared Driveway
Road Frontage TypeCity Street
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
