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Mike Gagliardi

*Your REALTOR*

  • Cell 386-316-5967
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640 N Wild Olive Ave, Daytona Beach, FL – $589,000

  • 4 Beds
  • 4 Baths
  • 2,628 Sqft
  • 1918 Year Built
  • 4 Beds
  • 4 Baths
  • 2,628 Sqft
  • 1918 Year Built

640 N Wild Olive Ave

This is a ''one-of-a-kind'' income property that you have to see to believe. This ''1-4 family'' investment property has the ability to produce an annual ''potential gross income'' of $67,000 generating a very favorable ''cap rate'' of ~9.2%, based on the general area's market rents. The landlord is moving out of the area and is leaving the property in absolute pristine condition for the next owner to either rent the units or possibly choose to live on-site and manage the remaining units for income purposes. All measurements are deemed to be approximate and accuracy must be verified.This turn key home has been renovated from top to bottom with hand stained wood ceilings, stainless appliances, mosaic backsplashes, and custom artwork abound.

Essential Information

  • MLS® #1068192
  • Price$589,000
  • Bedrooms4
  • Bathrooms4.00
  • Full Baths4
  • Square Footage Living2,628
  • Total Square Footage2,628
  • Acres0.19
  • Year Built1918
  • TypeResidential
  • Sub-TypeSingle Family
  • StatusActive
  • Maintenance Fee FreqN/A
  • Gated CommunityN/A
  • No Drive BeachN/A
  • 55+ CommunityN/A

Construction Type

Concrete Block, Stucco Cover, Frame

Community Information

  • Address640 N Wild Olive Ave
  • SubdivisionEast Daytona
  • CityDaytona Beach
  • CountyVolusia
  • StateFL
  • Zip Code32118

Area

15 - Daytona Peninsula N of Seabreeze

Room Dimensions

  • Bedroom 115x12
  • Kitchen15x15

Interior

  • CoolingCentral

Exterior

  • Lot Description55x150

Construction

Concrete Block, Stucco Cover, Frame

Listing Details

  • OfficeNSB Homes LLC
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NSB Homes LLC.

© 2020 Daytona Beach Area Association of REALTORS®

Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.