Phoenix Ave., Daytona Beach, FL 32118

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Perfect rental opportunity with lots of potential and located in a desired neighborhood of Daytona Beach! This duplex consists of a 2/1 and 1/1 unit. With the addition of a closet, unit 2 can be converted into a 2/1. This property sits within walking distance of the beach and just minutes from downtown attractions! Features also include spacious living rooms, spacious backyard with a laundry area, and separate electric and water meters. With some TLC, this will make an excellent income producing property!

For the exterior, the roofs need to be re-shingled. Landscaping is needed to remove a few tree branches. Plumbing maintenance and window repairs are needed in both units. For unit 2, A/C and electrical maintenance is needed. Mold remediation is needed. If units become vacant, it is recommended to update all kitchens, bathrooms, and floors to boost rental income.

Important Details / Seller Notes

***Buyer agrees to assume property with current occupants. Tenant estoppel or lease will be provided prior to closing.***

3 expired permits.

• A1707-014- Expired Permit- APOLLO
• R1602-195- Expired Permit- R & R Shingles & Repair
• G1705-036- Expired Permit- Garage Sale

The back building is CBS and front one is frame

FRONT UNIT- 2/1 Unit 1 $650 month to month- $0 Security Deposit

BACK UNIT- 1/1 $650 month to month- $300 Security Deposit
(With the addition of a closet it can be converted into a 2/1.)

Burleigh, No HOA

Assignable

Est. Rehab: $35,000

Est. Monthly Rent: $1,300

Est. ARV: $180,000