274 Laws Ln, Ormond Beach, FL

$639,900

Previous Next

4

Beds

2,500

Square feet

0.15

Acres

About 274 Laws Ln

Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilitiesand furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come view this great property soon! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.

Features of 274 Laws Ln

MLS® # 1122268
Price $639,900
Bedrooms 4
Square Footage 2,500
Acres 0.15
Year Built 1960
Type Multifamily
Sub-Type Triplex
Style Apartment Building
Status Active

Community Information

Address 274 Laws Ln
Area 41 - LPGA to Granada, E of Nova
Subdivision Not On The List
City Ormond Beach
County Volusia
State FL
Zip Code 32174

Amenities

Parking Lighted, Off Street
Is Waterfront No
Has Pool No

Interior

Interior Features Common Laundry
Appliances Range, Refrigerator, W/D Hookup
Heating Central, Electric
Cooling Central, Wall/Window Units
Fireplace No

Exterior

Roof 99 - Other
Construction Concrete Block

Additional Information

Zoning multi
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCalnan Real Estate

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?