274 Laws Lane
$550,000
—
1,708
1,708
$322
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 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.
- Listed by Colleen Calnan • CALNAN REAL ESTATE
Property Details for 274 Laws Lane
Subdivision Name
LIBERIA ADD ORMOND FLA
Township14S
WaterfrontNo
FurnishedFurnished
LISTING UPDATED: 11/04/2024 08:35 AM
Property Details for 274 Laws Lane
Status | Active |
---|---|
MLS # | V4935709 |
Days on Market | 217 |
Taxes | $5,664 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Triplex |
Year Built | 1960 |
Lot Size | 0.15 AC / 6,600 SF |
County | Volusia County |
Building Information for 274 Laws Lane
Stories-Residences3Year Built1960Building Size-Lot Size0.15 AC / 6,600 SF
Property Information for 274 Laws Lane
Property History for 274 Laws Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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$312,134Total$358,934
Tax Record2023$5,664 ($472 / 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.
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