Reliable income property with stable tenants. Two units in the main house and the 2015 studio apartment
rehab of the two-car garage all have separate utility meters. Each apartment has one off-street parking
space and each has a private garden space. The main building has wonderful historic charm. It was
originally constructed in 1929 with restoration and renovation in 2003/2004, followed by a new roof in
2018. The studio rehab in 2016 created a chic apartment with a private walled garden, 14' ceiling, all new
bathroom, kitchen with the addition of dedicated reverse osmosis drinking water, and laundry. The
location, historic charm, and pedestrian amenities/lifestyle of this property supports continuous occupancy!
Rare opportunity in downtown DeLand with excellent ROI and large potential upside in an appreciating
market.
The property could be converted back into a single family with large separate studio and ample yard!
Wonderful, walkable lifestyle in this charming 1929 home in the heart of DeLand's Historic Garden
District!" You can enjoy the vibrant lifestyle of downtown in a quiet neighborhood!! Walk or bike to
restuarants, bars, library, municipal buildings. Easy access to the Newest Greenway path from downtown to
Earl Brown Park, Spec Martin Stadium, the Sanborn Complex and Stetson University -- all of these are just
a few steps away. This is high potential growth area. All leases are month. Monthly generated income of $2,420.