550 LAKEVIEW DRIVE

City: | Subdivision:

Investment Opportunity: Fully Leased Five-Unit Apartment Building in Downtown Lake Helen, Florida awaiting the next investor. The complex boasts four 2-bedroom units and one single bedroom unit. All units with new windows and central HVAC units. Ample parking and located on a quite dead-end street across from the popular charter school and directly next to a daycare making it convenient for tenants with children. The property is within walking distance to stores and the city park and less than a block from the local police department. Lake Helen is a Family Friendly “Gem of Florida”, Lake Helen is with its many parks and large lakes for fishing and boating, annual events and small-town atmosphere. Minutes from nearby vibrant downtown Deland with shopping, fine and casual dining and more. Five minutes from I-4 west to Disney World/Universal Studios or east to World Famous Daytona Beach. Each tenant responsible for their own electric via the 5 independent meters. There is one master water meter and water billed quarterly and very inexpensive as units are on septic system. It will need a new roof and all units are with salvinia electrical panel boxes. Seller has obtained quotes for replacement of both and can be provided upon request. Serious inquires only. Please rely on pictures for condition of interior apartments. In respect of tenants, interior inspections/showings may occur during due diligence/inspection period only. This property is being sold AS IS.

Basic Details
Property Type : Commercial Sale
Commercial Sub Type : Multi-family
Listing Type : For Sale
Listing ID : MFRNS1082599
Price : $375,000
Square Footage : 3,885 Sqft
Year Built : 1978
Lot Size : 18,787 Sqft
Status : Active
Days On Market : 1
Standard Status : Active
Features
: Central , Electric
: Central Air
: Shingle
: Refrigerator
0
: Carpet , Laminate
0
Address Map
US
FL
Volusia
LAKE HELEN
LAKE HELEN BLK 102
32744
LAKEVIEW
550
DRIVE
0
W82° 46' 5.2''
N28° 58' 35.9''
From I-4 Take Exit 116 turn towards Lake Helen on W. Main Street to Lakeview Dr. Turn right (south) 10 blocks to address.
32744 - Lake Helen
S
Neighborhood
Neighborhood
Additional Info
THE BARNETT GROUP, INC.
Tracey Barlow
$0
: Block
: Slab
MFR269505097
MFR269500316
7130-02-53-0024
: Septic Tank
: None
1
$5,020
2023
: Public , Electricity Available , Water Connected
09-14-2024
SIMILAR PROPERTIES
What is Nearby?

550 LAKEVIEW DRIVELAKE HELEN, Florida 32744

  • Square Footage: 3,885 Sqft
  • Visits : 1 in 1 days
$375,000
Listing ID#MFRNS1082599
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