Investment Property For Sale
SOLD February 2018 for $640,000
362 Hand Avenue, Ormond Beach, Florida 32174
| Building Size | 5,650 Square Feet |
| Land Size | 1.19 Acres |
| Zoning | B-5 |
| Year Built | 1980 |
| Parcel No | A portion of 4242-08-02-0010 |
10% Cap Rate.
Great cash flow.
Gross income $70,020 in 2017.
Projected gross income for 2018 is $72,120.
Expenses in 2017:
Real Estate Taxes $7,201.50.
Property Insurance $4,000.
Lawn Maintenance $4,000.
Site: 239+/- front feet on Coolidge Avenue, 217+/- feet of depth.
5,650 SF building leased to Kid City Day Care.
Great level site with mature trees.
Located at the northwest corner of Hand Avenue and Coolidge Avenue one block west of US Highway 1 and one mile to Nova Road.
Agent
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Office Phone: (386) 301-4580Mobile: (386) 295-5723Fax: (386) 206-1735
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.