About This Home
This 7-bedroom, 3-bathroom single family at 137 Dix Avenue in Ormond Beach, FL is listed for $240,000 ($77 per sqft). Built in 1925, the home offers 3,103 sqft of living space on a 0.43 acres lot.
Key Features
- Built in 1925
- 0.43 acre lot
- 2 stories
Property Details
Amenities
INCOME-PRODUCING ORMOND BEACH INVESTMENT OPPORTUNITY WITH EXPANSION POTENTIAL Investors, this is an opportunity to add a large, income-focused property to your portfolio in Ormond Beach, Volusia County. This approximately 3,103+ SF single-family property provides 7 bedrooms and 3 bathrooms on roughly 0.43 acres, providing substantial space and flexibility for an investor looking to maximize rental income.
The property has been configured for rental use and is currently producing approximately $4,000-$6,000 per month in rental income. With its size, bedroom count, and existing layout, there is potential for an investor to continue improving the property and optimizing its income-producing capability.
Additional features include a metal roof, city water and sewer, slab foundation, deck, and approximately 380 SF carport. The property is located in Flood Zone X. The approximately 0.43-acre lot also has additional land behind the existing home, creating potential for future expansion or
Monthly Cost Estimate
$1,284/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
137 Dix Avenue
Ormond Beach, FL 32174
McNary
Property Details
Parking
Heating
Cooling
Questions & Answers
This 7-bedroom, 3-bathroom single family at 137 Dix Avenue is listed at $240,000 ($77/sqft). The estimated monthly payment is $1,284 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1925, 0.43 acre lot, 2 stories.
This property is listed by Steven Koleno and can be reached at 8046565007.