612 3rd Street
Holly Hill, FL 32117

Description

Cash Cow! 100% leased Four Plex. 4 x 2 bed / 1 bath units. Individual water meters paid by Tenants! Tenants pay electric too! Even with below market rents, the Current Actual Cap Rate is 7.49%. At market rents based on rentameter, the preferred cap rate is 8.9%. The property has two duplexes. Large units over 1,000 SF each! Each unit has their own small backyard. The front roof was replaced in 2018. 2 Parcels **Do not walk the property without listing agent present. **Must provide proof of funds before a showing can be scheduled.The statement and figures herein, while not guaranteed, are secured from sources we believe authorative.

Details

MLS#1057599
Sub-TypeResale
StatusActive
Year1977
Days On Site9

Features

SQ Feet4,352
Units4
Building(s)1

Market Activity 32117

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Area Information

StateFL
CountyVolusia
CityHolly Hill
Zip Code32117
Area35 - Mason to LPGA E of 95
Listing VS Median (in 32117)
Price:
$300,000
low | high
Med:
$139,900
100% of Average
SqFt:
4,352
low | high
Med:
1,010
100% of Average
$ / SqFt:
$69
low | high
Med:
$142
55.470879443999% of Average
On Site:
9
low | high
Med:
98
9.183673469388% of Average
Listing Updated: 05/24/2019
MLS Number: 1057599
Listing Provided By:
Robert Campbell  of  Coldwell Banker Commercial Benchmark
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