Ormond Beach, FL 32174,274 Laws LN
Ormond Beach, FL 32174,274 Laws LN
Ormond Beach, FL 32174,274 Laws LN
Ormond Beach, FL 32174,274 Laws LN
Ormond Beach, FL 32174,274 Laws LN
Ormond Beach, FL 32174,274 Laws LN
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$550,000

Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

2,500 SqFt


SOLD DATE : 12/12/2024

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $198

MLS Listing ID 1122268

Sold Date 12/12/24

Bedrooms 4

Full Baths 4

HOA Y/N No

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 1960

Annual Tax Amount $5,664

Acres 0.15

Property Description

Great New Price! 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 utilities and 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.

Location

State FL

County Volusia

Area 41 - Lpga To Granada, E Of Nova

Direction From Granada head south a few blocks and go right on Laws Lane

Region Ormond Beach

City Region Ormond Beach

Rooms

Other Rooms Shed(s)

Interior

Heating Central, Electric

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile

Appliance Washer, Refrigerator, Electric Range, Dryer

Heat Source Central, Electric

Laundry Electric Dryer Hookup, Lower Level, Washer Hookup

Exterior

Parking Features Off Street

Pool None

Utilities Available Cable Available, Sewer Connected, Water Connected

View Y/N No

Roof Type Other

Road Frontage City Street

Garage No

Building

Lot Description Other

Faces North

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Block,Concrete

New Construction No

Schools

Elementary Schools Pine Trail

Middle Schools Ormond Beach

High Schools Seabreeze

Others

Tax ID 4241-08-02-0200

Acceptable Financing Cash, Conventional, VA Loan, Other

Listing Terms Cash, Conventional, VA Loan, Other

Financing Cash

Special Listing Condition Standard

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Listed by Colleen Calnan • Calnan Real Estate
Bought with non member • Nonmember office
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