279 Selden Avenue, Ormond Beach, FL 32174

$170,000
3
BD
2
BA
1,170
SqFt

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List Price
$170,000
MLS#
1231927
Status
ACTIVE
Days on Market
1
Year built
1939
Bedrooms
3
Bathrooms
2
Living area
1,170
Region
45 - Ormond N of 40, W of US1, E of 95
Subdivision
Not In Subdivision
Neighborhood
45 - Ormond N of 40, W of US1, E of 95

Property Description

Investor/Handyman Special! Investment With Value-Add Potential. Rare opportunity to own a potential income-generating property in a high-demand area of Ormond Beach. This unique setup includes two separate residential units, ideal for a variety of investment strategies such as long-term rental or multi-generational use. The main residence features 2 bedrooms, 1 bathroom, and spans approximately 1,176 sq ft. This provides the opportunity to lease, or occupy as an owner while collecting rent from the second unit. The detached apartment in the rear includes 1 bedroom, 1 bathroom, and approximately 320 sq ft. This dual-unit configuration creates built-in cash flow while leaving room to increase rental income with the front unit. The property offers separate entrances for tenant privacy, no HOA. Flooring, subflooring and a/c will need to be replaced.

Additional Information

Acres
0.12
Cooling
Central Air
Heating
Central

Listing courtesy of Jason Mitchell Real Estate Florida LLC.

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