Address
102 Cascade STREET, DELTONA, FL
Price
$ 900,000
Property Attributes
  • MLS#V4935558
  • TypePending
  • CountyVOLUSIA
  • CityDELTONA
  • AreaDeltona - Enterprise
  • NeighborhoodDeltona Lakes Unit 29 & 37 Rep
  • Zip32725
  • StyleQuadruplex
  • Year Built1981
  • Taxes$ 9290
  • Price$ 900,000
  • Bedrooms11
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage8147
  • Lot Size0.75 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. Introducing a rare gem in the real estate market - a collection of four detached single-family residences on a 3/4-acre site, boasting frontage on three streets. With a total of approximately 8,147 square feet of living area, this property offers a unique blend of space, privacy, and convenience. The property features three, 3 bedroom, 2 bath and one, 2 bedroom, 2 bath homes. Each home has been updated featuring, newer kitchens, bathrooms, and floor coverings. Attention to detail is evident, with short-lived items promptly replaced and nominal deferred maintenance across all units. Currently, three of the residences are occupied, while one has been freshly renovated and is slated to be leased. With rents considered below market, there is opportunity to increase the rental income upon the respective lease expirations. Each of the homes have wooden decks that are undergoing renovation at the present time. Positioned at a price point that promises a high cap rate and a low gross rent multiplier compared to similar properties in the area, this offering presents an enticing opportunity for astute investors seeking a reliable income stream with significant potential for growth. Don't miss out on this exceptional investment opportunity with the promise of substantial returns. Each of the homes are separately metered for utilities.

Price History
4/6/2024 Listed $900,000

General Features

Interior Features Ceiling Fans(s),Split Bedroom,Thermostat
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities BB/HS Internet Available,Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Exterior Features Sliding Doors
Zoning PB
Construction Materials Block
Year Built 1981
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
County Volusia
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name DELTONA LAKES UNIT 29 & 37 REP
Garage Y/N No
Status Pending
Directions I-4 to the Debary exit,go east on Dirksen Dr.,north on Deltona Blvd. to Cascade St. Property is on the NE corner of Cascade St. and Deltona Blvd. and extends to Landmark Street.
City DELTONA
Buyer Agent Compensation 2.5%
Senior Community Y/N No
Total Units 4
MLS Area 32725 - Deltona / Enterprise
Lot Size Square Feet 32855
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Cascade
Listing Terms Cash,Conventional,Other
Tax Annual Amount 9290
Property Condition Completed
Public Remarks Under contract-accepting backup offers. Introducing a rare gem in the real estate market - a collection of four detached single-family residences on a 3/4-acre site,boasting frontage on three streets
Ok to Lease 12 Months
Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4935558
Days on Market 3
Standard Status Pending
Tax Lot 1
Legal Description LOT 1 BLK 1010 DELTONA LAKES REPLAT OF UNITS 37 & 29 MB 27 PGS 181-183 INC PER OR 5303 PG 4961 PER OR 5806 PG 3764 PER OR 5806 PG 3766 PER OR 6426 PG 0302 PER OR 7295 PG 2386
Additional Rooms Bonus Room

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix STREET
Laundry Features Inside
Total Bedrooms 11
LivingAreaSource Public Records
Total Baths 8
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 32855
Foundation Details Slab
Number of Buildings 4
Building Area Total 8147
Lot Size Acres 0.75
Road Surface Type Asphalt,Paved
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 32725

Price
AVG $300K
$900K
Taxes
AVG $2,613
$9,290
Visits
AVG 318
33
Data Provided by Inside Real Estate®
Year Built
AVG 1986
1981

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