274 Laws Ln

ORMOND BEACH, FL 32174

About this property

Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.

Features and Additional Information

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$639,900 Active
1,708 SQFT

Presented By Pink Door Management

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Brokerage
CALNAN REAL ESTATE
1-386-675-1137
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Area Information

32174 Ormond Beach | Volusia County | LIBERIA ADD ORMOND FLA

$ 639,900
This listing is play_arrow 0.0% lower than the average in the area
$ 639,900 in the area
1,708 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
1,708 SqFt in the area
$ 375 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 375 $/SqFt in the area
34 days on site
This listing is play_arrow 0.0% below the average in the area
34 days on site in the area

Schools in the Area

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    Elementary School
    Pine Trail Elem
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    Middle School
    Ormond Beach Middle
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    High School
    Seabreeze High School
Listed By Colleen Calnan
Brokerage: CALNAN REAL ESTATE

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