Incredible property for your family or turnkey rental for your portfolio... YOU CHOOSE!!
Property has been completely renovated w/ traditional/contemporary finishes throughout including an open floorplan, spacious bedrooms and expansive master bedroom. Studio apt is perfect for your independent son/daughter or rent out to help pay the mortgage (mkt rent is $1,000 - $1100mthly)! The unit is complete w/ its own kitchenette, full bathroom, and deep loft space on the 2nd floor. Screened in patio overlooks the expansive near 10,000sqft corner lot! Owner owns adjacent lot & is open to sell. Video found in "Virtual tour 1" below!
The property will gross $31,000 - $34,000 (10-11 cap rate)!! Being so close to Stetson University and centrally located in historic Downtown Deland (coffee shops, restaurants, & local municipal buildings just across the street) gives this prop an endless pool of potential tenants. Click "virtual tour 2" for more info.
Government backed rent-to-own program elegible!
Open house this Sun (4/12/2026: 1p - 3p). Let's get a deal done!
Feel free to contact us for more details!
Tower Team Realty