274 Laws Lane

Ormond Beach, FL 32174

$496,326
Last Sold Price
4
Beds
4
Baths
1,708 Sq. Ft.
$291 / Sq. Ft.
1,708
Sq. Ft.
$291
per Sq. Ft.

Description

Great New Price! 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,...Great New Price! 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 view this great property soon! 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.
  1. Listed by Colleen Calnan • Calnan Real Estate
    P: (386)-675-1136 C: (781)-983-4852 colleen@calnanrealestate.com

Amenities

  • Air Conditioning
  • Balcony
  • Central AC
  • Dryer
  • Electric Heat
  • Fireplace
  • Fully Furnished
  • Laundry
LISTING UPDATED: 12/12/2024 01:46 PM

Property Details for 274 Laws Lane

StatusClosed
MLS #1122268
Days on Market241
Taxes$5,664 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built1960
Lot Size0.15 AC / 6,534 SF
CountyVolusia County

Building Information for 274 Laws Lane

Stories2Residences3Year Built1960Lot Size0.15 AC / 6,534 SF

Property History for 274 Laws Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 274 Laws Lane

Taxable ValueLand$46,800Additions$334,825Total$381,625
Tax Record2024$6,113 ($509 / month)
Home Facts
Baths4Total Finished SqFt1,708 SqFtAbove Grade Finished SqFt1,708 SqFtStories1Lot Size6,600 SqFtStyleQuadraplexYear Built1960Year Renovated2005CountyVOLUSIAAPN4241-08-02-0200

Schools near 274 Laws Lane

This home is within Volusia.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Pine Trail Elementary School
PublicPK to 5

Ormond Beach Middle School
Public6 to 8

Seabreeze High School
Public9 to 12

P.A.C.E. Center For Girls
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Calnan Real Estate, Colleen Calnan

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/12/2024 01:46 PM