323 Cavanah Drive, Holly Hill, FL 32117
$320,000
Property Type:
Residential Income
Bedrooms:
4
Baths:
2
Square Footage:
2,090
Lot Size (sq. ft.):
9,583
Status:
Closed
Current Price:
$320,000
List Date:
7/11/2024
Last Modified:
10/17/2024
Description
Start collecting rent from day one with this prime turnkey investment opportunity! This meticulously maintained block duplex is a cash-flow powerhouse, ideal for savvy investors. With a brand-new roof and fresh exterior paint, this property requires minimal maintenance and offers maximum returns. Current monthly rent totals $2,925 from reliable, long-term tenants. Unit C has been remodeled with a modern kitchen, stylish bathroom, new flooring, and updated fixtures. Both units feature 2 spacious bedrooms, 1 bathroom, and in-unit laundry facilities. Located on a quiet street and backing up to a tranquil natural area, this duplex ensures a peaceful living environment. The high-demand location guarantees high occupancy rates and steady rental income. Whether you're expanding your portfolio or seeking a robust income property with significant upside potential, this gem is perfect. Secure your investment in a property that delivers consistent returns and future growth!
More Information MLS# 1201341
Location, Tax, and Legal
Country: US
Parcel Number: 42440120017D
Tax Annual Amount: 3794
Tax Year: 2023
Zoning Description: Residential
Tax Legal Description: N 99.20 FT ON E/L OF S 805.20 FT OF E 98 FT OF LOT 17 BLK 20 M & C HOLLY HILL MB 2 PG 90 PER OR 3967 PGS 4896-4897 PER O
R 6241 PG 3277 PER OR 6431 PG 2230 PER OR 6537 PGS 2736 TO 2
Currently Not Used
Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Half: 0
Bathrooms Total: 2
Living Area Source: Public Records
Building Area Total: 2090
Year Built: 1978
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Parking Total: 4
View
Trees/Woods: 1
General Property Information
Number Of Buildings: 1
Lot Size Acres: 0.22
Lot Size Dimensions: 99x98
Living Area: 1960
Number Of Units Total: 2
CDD Fee YN: No
Association YN: No
Waterfront YN: No
Direction Faces: West
Directions: Nova Rd to Third St, N on Cavanah Dr
Public Remarks: Start collecting rent from day one with this prime turnkey investment opportunity! This meticulously maintained block duplex is a cash-flow powerhouse, ideal for savvy investors. With a brand-new roof and fresh exterior paint, this property requires minimal maintenance and offers maximum returns. Current monthly rent totals $2,925 from reliable, long-term tenants. Unit C has been remodeled with a modern kitchen, stylish bathroom, new flooring, and updated fixtures. Both units feature 2 spacious bedrooms, 1 bathroom, and in-unit laundry facilities. Located on a quiet street and backing up to a tranquil natural area, this duplex ensures a peaceful living environment. The high-demand location guarantees high occupancy rates and steady rental income. Whether you're expanding your portfolio or seeking a robust income property with significant upside potential, this gem is perfect. Secure your investment in a property that delivers consistent returns and future growth!
Furnished: Unfurnished
Water Body Access YN: No
List Price/SqFt: 176.02
Sold Price/SqFt: 163.27
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1978
Lock Box Type
None: 1
Appliances
Dishwasher: 1
Electric Range: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Construction Materials
Block: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Investment: 1
Multi-Family: 1
Flooring
Tile: 1
Vinyl: 1
Heating
Central: 1
Electric: 1
Income and Expenses
Gross Income: 2925
Income Includes
Rent Only: 1
Laundry Features
In Unit: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Dead End Street: 1
Owner Pays
Exterior Maintenance: 1
HVAC Maintenance: 1
Insurance: 1
Taxes: 1
Parking Features
Off Street: 1
Pool Features
None: 1
Possession
Subject To Tenant Rights: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Tenant Pays
All Utilities: 1
Unit 1 Details
Unit ID: C
Actual Rent: 1450
Unit SqFt: 980
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Remodeled in 2021, new water heater in 2021
Unit 2 Details
Unit ID: D
Actual Rent: 1475
Unit SqFt: 980
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: New a/c in 2020, new water heater in 2021
Utilities
Cable Connected: 1
Electricity Connected: 1
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Contract Information
Current Price: $320,000
Sold Price: $320,000
Status: Closed
Listing Contract Date: 2024-07-11
Property Sub Type: Duplex
Location Tax and Legal
Street Number: 323
Street Name: Cavanah
Street Suffix: Drive
County: Volusia
State: FL
Postal Code: 32117
Subdivision Name: Holly Hill
MLS Area Major: 35 - Mason to LPGA E of 95
Status Change Information
Major Change Timestamp: 2024-10-17T12:28:50Z
Major Change Type: Status Change
Price Change Timestamp: 2024-08-06T14:09:16Z
Purchase Contract Date: 2024-09-03
Close Date: 2024-10-16
Close Price: 320000
Property Features
Appliances: Dishwasher; Electric Range; Refrigerator; Washer/Dryer Stacked
Construction Materials: Block; Stucco
Cooling: Central Air
Current Use: Investment; Multi-Family
Flooring: Tile; Vinyl
Heating: Central; Electric
Income Includes: Rent Only
Laundry Features: In Unit
Levels: One
Listing Terms: Cash; Conventional
Lock Box Type: None
Lot Features: Dead End Street
Owner Pays: Exterior Maintenance; HVAC Maintenance; Insurance; Taxes
Parking Features: Off Street
Pool Features: None
Possession: Subject To Tenant Rights
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Public Sewer
Tenant Pays: All Utilities
Utilities: Cable Connected; Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected
View: Trees/Woods
Water Source: Public
Listing Office:
Sun Pro Realty and Management LLC
Last Updated: October - 17 - 2024
Information deemed reliable but not guaranteed.