9 Beds
7 Baths
5,006 SqFt
9 Beds
7 Baths
5,006 SqFt
Open House
Sat Sep 26, 2:00pm - 5:00pm
Key Details
Property Type Multi-Family, Multi Unit, Duplex/Multi Unit Lot
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,006 sqft
Price per Sqft $209
Subdivision Village Of Melrose
MLS Listing ID 1231014
Bedrooms 9
Full Baths 6
Half Baths 1
Year Built 1968
Annual Tax Amount $5,569
Lot Size 0.350 Acres
Lot Dimensions 0.35
Property Sub-Type Quadruplex
Source Daytona Beach Area Association of REALTORS®
Property Description
What makes 61 Division Ave truly special is the flexibility it offers. Imagine living in the main residence while having three additional units available to help offset expenses and generate monthly income. Or create a private multigenerational setup where family members can live nearby while still enjoying their own independent spaces.
For an investor, the configuration provides multiple rental opportunities on one property. For an owner-occupant, it offers the opportunity to combine homeownership with income-producing potential. The additional units could also provide flexibility as your needs change over time.
The separate living spaces provide privacy and independence, while separate electrical meters for the apartments can help simplify rental management. With the extensive improvements already completed throughout the property, much of the heavy lifting has been done.
And then there's the lifestyle. Being just one block from the river puts you close to everything that makes Ormond Beach such a desirable place to live. Enjoy nearby dining, shopping and entertainment along Granada Blvd, with the river and all that coastal living offers right around the corner.
Properties offering this combination of space, flexibility, location and multiple living units don't come along every day.
Whether your vision is to LIVE HERE, INVEST HERE, GENERATE INCOME HERE--or bring generations of your family together--61 Division Ave gives you options.
Schedule your private showing and come see the possibilities for yourself.
Buyer to independently verify measurements, permitted uses, rental potential, zoning, and all information important to their purchase decision.
Location
State FL
County Volusia
Community Village Of Melrose
Direction Take Beach Street from Granada South and turn right (West) on Division Ave. Home on the right side of the street. Apartment building located in the back of the main home.
Interior
Heating Central
Cooling Central Air
Fireplaces Type Electric
Fireplace Yes
Exterior
Parking Features Parking Lot
Utilities Available Cable Available, Electricity Connected, Water Connected
Roof Type Shingle
Garage No
Building
Lot Description Other
Water Public
Structure Type Block
New Construction No
Others
Senior Community No
Tax ID 4222-09-10-0100
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA