$250,000
Closed

201 Palmetto Street

New Smyrna Beach, FL 32168
4128 sqft | 6 beds | #1019503
Type:Multi-Family
Structure:5+ Family
Zone:Residential

Description

Six 1/1 units downtown. Two buildings in all, including a two-story fourplex and a one-story duplex. Tenants pay electric & gas (there were originally 6 gas meters & 6 electric meters). The gas meters on the quad-plex are not on & two have been removed. There are 4 gas water heaters in the quad-plex, but no gas supply to them, so they cannot be checked either. Note that the owner will not be turning gas on for any inspections. Owner pays water/sewer (2 meters). The duplex is occupied ($400 for 310 Downing & $375 for 312 Downing). Considerable repairs & updating needed throughout. There are roof & plumbing leaks. Drywood & sub bonds for both buildings. Unbelievable potential with MU zoning in the BBH overlay. See to appreciate all the possibilities. See MLS attachments for required contract language.

Location

Eva GarciaReal Estate Group
OR