About This Home
This 3-bedroom, 2-bathroom single family at 279 Selden Avenue in Ormond Beach, FL is listed for $170,000 ($145 per sqft). Built in 1939, the home offers 1,170 sqft of living space on a 0.12 acres lot.
Key Features
- Built in 1939
- 0.12 acre lot
Property Details
Amenities
Investor/Handyman Special! Investment With Value-Add Potential. Rare opportunity to own a potential income-generating property in a high-demand area of Ormond Beach. This unique setup includes two separate residential units, ideal for a variety of investment strategies such as long-term rental or multi-generational use.
The main residence features 2 bedrooms, 1 bathroom, and spans approximately 1,176 sq ft. This provides the opportunity to lease, or occupy as an owner while collecting rent from the second unit. The detached apartment in the rear includes 1 bedroom, 1 bathroom, and approximately 320 sq ft.
This dual-unit configuration creates built-in cash flow while leaving room to increase rental income with the front unit. The property offers separate entrances for tenant privacy, no HOA. Flooring, subflooring and a/c will need to be replaced.
Monthly Cost Estimate
$909/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
279 Selden Avenue
Ormond Beach, FL 32174
Not In Subdivision
Property Details
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 279 Selden Avenue is listed at $170,000 ($145/sqft). The estimated monthly payment is $910 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1939, 0.12 acre lot.
This property is listed by Matthew Soltis.
Matthew Soltis
Agent at Jason Mitchell Real Estate