$540,000
$549,990
1.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4,137 SqFt
SOLD DATE : 02/17/2022
Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,137 sqft
Price per Sqft $130
Subdivision Norwood
MLS Listing ID 1092411
Sold Date 02/17/22
Bedrooms 8
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1954
Annual Tax Amount $2,595
Lot Size 0.400 Acres
Lot Dimensions 0.4
Property Description
Port Orange: Eight unit apartment complex. The property consists of two adjacent four unit properties which are 5038 and 5040 S Ridgewood Ave. Combined the property is just over one half acre with plenty of area and parking in the back off of Orange Ave. These are nice units of hard to find affordable housing. Also two storage sheds are included. 5038 includes two one bedroom units in the front building and two efficiencies in the rear building . 5040 includes a two bedroom unit, a one bedroom unit, and two efficiencies in one building. The P & L is attached. There are outdoor seating areas in the rear for the tenants. Plenty of parking space. Fully occupied. Three brand new shingle roofs and the flat roofs at 5040 just re-sealed. Quality Port Orange location. Priced to sell. See more info info
The units at 5038 include water and electric and the units at 5040 are individually metered.
Location
State FL
County Volusia
Community Norwood
Direction US-1 south of Dunlawton on the west side.
Interior
Heating Central, Electric, Varies by Unit
Cooling Central Air, Multi Units, Wall/Window Unit(s)
Exterior
Parking Features Off Street, Parking Lot
Roof Type Shingle,Other
Building
Water Public
Structure Type Block,Concrete,Frame,Stucco
New Construction No
Others
Senior Community No
Tax ID 6310-12-06-0140
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