MEETS THE 1% RULE! This turnkey triplex offers three spacious 1BD/1BA units, all tenant occupied. Updated within the last 5 years with new paint, tile flooring, tile shower/tub combos, and refreshed kitchens. Each unit has laundry hookups; Unit 1 has new stainless steel appliances. Roof 2016; seller will replace with full-price offer.
Unit 1 $1,025/mo (lease end 2/27, $1,200 dep); Unit 2 $1,000/mo (ends 6/26, $1,180 dep); Unit 3 $950/mo (ends 5/26, $1,150 dep). Electric in tenants’ names; water in owner’s name, tenants billed $75/mo each.
Close to Downtown DeLand and Stetson University, this property offers strong rental income, low expenses, and proven returns. See MLS attachments for inspection reports with interior photos, and lease agreements. No seller financing.