Stop settling for bank rates and start building equity! Located steps from Stetson University in the Downtown DeLand Historic District, this rare 3-unit gem sits on 2 lots with 3 tenants already in place—Prime Investment Opportunity: $465,000 with 9.35% ROI. Own a stabilized, income-producing asset in the heart of DeLand. This multi-unit property boasts an impeccable rental history. Situated on two parcels directly adjacent to Stetson University, the portfolio includes a charming 2/2 main house + two 1/1 apartments in the rear. Perfect rental history + unbeatable location = the ultimate addition to your portfolio. Sold 'as-is,' this is a rare chance to acquire a high-return property in a sought-after Historic District with built-in demand, or live in the home & have a built-in income stream. Do not disturb tenants; the agent/owner is the landlord. 24-hour notice to show.
Property Features
Utilities
Cable Available
Cable Connected
Electricity Connected
Sewer Connected
Water Connected
Cooling Information
Central Air
Heating Information
Central
Water Features
Public
House Interior
High Ceilings
Basement
Crawl Space
Fire Place
Decorative
School Information
School Information for 318 S CLAKE STREET, DELAND, FL 32720
Elementary School
Blue Lake Elem
Middle School
Deland Middle
High School
Deland High
Listing Courtesy: CENTURY 21 SUNDANCE REALTY - 386-756-6800