486 Oak Street, New Smyrna Beach, FL 32168

$276,000
4
BD
3
BA
1,422
SqFt

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List Price
$276,000
Price Change
▲ $10,100 1784776308
MLS#
NS1088407
Type
Multifamily
Bedrooms
4
Bathrooms
3
Living Area
1,422
Lot Size
10,625
Subdivision
Inwood Sub New Smyrna Beach
Year Built
1953

Property Description

*Investor Alert* or those seeking an Extra Income Producing Property! Lots of Possibilities! Flexible Ownership Usage; This Corner Lot, Two Unit Single Family Rental Property could also be Single Family Owners seeking extra Income or needing an additional separate In-Law Suite Efficiency Apartment complete with 2nd Kitchen, Full Bathroom and Walk-in Closet or a larger or extended family just needing more space and options! Located in New Smyrna Beach Florida just a short 10–15-minute drive to the Drive-On Beach, or a 5-minute drive to the Intracoastal for fishing, boating, parks, dining, shopping and all that this Coastal Community has available! A short, less than ten-minute drive to Route 95 for longer distance travel. Strong Cash Flow and Return On Investment for Investors (currently $3,375 / Month total gross) or new Home Owner can choose to offset their expenses by up to $1,325 / Mo. by renting out the Efficiency Apartment or by $2,050 / Month by renting out the Main Home and living in the Efficiency Studio Apartment. The Main Home features Two Bedrooms, both with walk-in closets, one Bathroom, Kitchen, Dining Area, Living Room and Bonus Room which could act as a third Bedroom (but no closet) or Office or Den or Sitting Room. Nice Hardwood Floors throughout the Living and Bedrooms while the Kitchen and dining and adjacent room receive Porcelain Tiles for easy cleanup and maintenance. The studio Efficiency Apartment features two Separate Entrances, a flexible Living/Sleeping Space with Ceiling Fan and Walk-in Closet, a separate Full Kitchen and Dining Area and a Full Bathroom with Shower (and a second natural Gas Water Heater). The Main Home and Efficiency Apartment both have Two Separate Entrances as well as Separate Off-Street Parking Areas. The corner Lot yard has some mature trees and Landscaping to accent its surroundings and spacious feel. The home has been well maintained and recently painted inside and out. Now is your chance to Own an Income Producing slice of sunshine in this wonderful community by the water. Note: Listing Agent has an interest in the property. Please verify all Details and Dimensions.

Additional Information

Community Features
No Deed Restriction
Annual Gross
40500
Style
Duplex
Interior
Ceiling Fans(s), Eat-in Kitchen
Interior Features
Ceiling Fans(s), Eat-in Kitchen
Appliances
Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator
Exterior Construction
Frame
Exterior
None
Roof
Shingle
High School
New Smyrna Beach High
Middle School
New Smyrna Beach Middl
Elementary School
Chisholm Elem
Extra Rooms
Interior In-Law Suite w/Private Entry
Utilities
Cable Available, Water Connected
Floor
Carpet, Wood
Heating
Central
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of GRACE REALTY, INC..

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