509 WALKER ST Active

Holly Hill,FL 32117

$ 695000

16 Beds

9 Baths

4598 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,598 sqft

Price per Sqft $151

Subdivision Metes & Bounds

MLS Listing ID 2056493

Bedrooms 16

Full Baths 9

HOA Y/N No

Originating Board realMLS (Northeast Florida Multiple Listing Service)

Year Built 1956

Annual Tax Amount $9,813

Lot Size 0.460 Acres

Acres 0.46

Property Description

Exceptional 9-Unit Investment Opportunity at Walker & Graham!

This high-performing property boasts 7 buildings, including 5 charming cottages and 2 duplexes, offering plenty of parking and consistent rental demand. Fully occupied with long-term tenants and generating over $60,000 Gross Rental Income (GRI), this property is professionally managed for smooth operation.

Key highlights:

New roofs on all buildings (installed in 2015)
Separate water and electric meters for each unit, maximizing income potential
Concrete block construction for durability and low maintenance
Units are updated as tenants move out, ensuring ongoing improvements
Located in a prime area near major roads and within walking distance to numerous businesses and employment centers, this property offers tenants convenience and security, with all leases supported by security deposits.

Don't miss out on this lucrative income-generating property—ideal for seasoned investors!

Location

State FL

County Volusia

Community Metes & Bounds

Area 621-Volusia County-North Central

Direction From US 1 & Walker, head West to property on the Left

Interior

Heating Individual

Cooling Multi Units,Wall/Window Unit(s)

Exterior

Parking Features Off Street

Utilities Available Electricity Connected,Water Connected

Roof Type Other

Garage No

Private Pool No

Building

Lot Description Corner Lot

Water Public

Structure Type Block,Concrete

New Construction No

Others

Tax ID 424228040300

Acceptable Financing Cash

Listing Terms Cash

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