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1202 RIDGEWOOD AVE Holly Hill, FL 32117
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Key Details
Sold Price $420,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Not Assigned
MLS Listing ID FC273200
Sold Date 04/25/22
Condo Fees $1,330
HOA Y/N No
Year Built 1984
Annual Tax Amount $2,100
Lot Size 1,742 Sqft
Acres 0.04
Property Description
Cash Cow! Great investment opportunity! 7 efficiency units, located in the heart of Holly Hill, easy access to freeway, shopping centers, and 10 minutes to the beach. 100% rented. Total monthly rent is $5,800. We have an HOA fees of $1,330 (that is $190 per unit which includes Water, Electricity, gas, internet, cable, ground keeping, insurance, exterminator).Our tenants pay between $800 to $900 per unit for rent with all utilities included. Exterior paint is being done on all buildings and the pool is being totally rebuilt. The HOA has a total of 105 units.
Location
State FL
County Volusia
Community Not Assigned
Zoning OUT/CNTY
Interior
Interior Features Ceiling Fans(s)
Heating Natural Gas, Other
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Parking Features Over 30 Spaces, Oversized
Roof Type Built-Up
Building
Story 2
Entry Level Two
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
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Bought with 3 Dot Realty LLC
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095