
Seller's Agent in 2017
Melissa Rodriguez
LEGACY PLUS REALTY
(407) 925-3075
60 Total Sales
CAMBRIDGE offers an investor the opportunity to acquire a 100% occupied QUADPLEX. Built in 1976 consisting of a total Two duplexes which each duplex is 1844/SF. The layout on each side is 2 bedrooms 1 bath approximately 922/SF each out that are currently renting below market rents at $700 for each unit. As of July 2017, one bedroom apartments in Port Orange rent for $982 a month on average (a 3.87% increase from last year). The average rent for a 2-bedroom apartment is $1,128. Property can also be used as Airbnb for short term Vacation Rentals as the property is less than 10 minutes from the Halifax River, Ponce Inlet Town and New Smyrna Beach. Current 8.1 Cap and is a Value Add opportunity for that investor who is looking to do a little TLC on the units. Rents are below market and have long term tenants in place.
Last Agent to Sell the Property
LEGACY PLUS REALTY License #3103038 Listed on: 11/26/2017
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/27/2018 02/27/18 | Off Market | $305,000 | -- | -- |
11/28/2017 11/28/17 | Sold | $305,000 | 0.0% | $83 / Sq Ft |
11/26/2017 11/26/17 | Pending | -- | -- | -- |
11/26/2017 11/26/17 | For Sale | $305,000 | -- | $83 / Sq Ft |
Seller's Agent in 2017
Melissa Rodriguez
LEGACY PLUS REALTY
(407) 925-3075
60 Total Sales
Source: Stellar MLS
MLS Number: O5548941
APN: 6321-01-01-1210