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1202 RIDGEWOOD AVE Holly Hill, FL 32117
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Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Not Assigned
MLS Listing ID FC274319
Sold Date 04/27/22
Condo Fees $1,900
HOA Y/N No
Year Built 1984
Annual Tax Amount $3,000
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Cash Cow! Great investment opportunity! 10 efficiency units, located in the heart of Holly Hill, easy access to freeway, shopping centers, and 10 minutes to the beach. 100% rented. Total monthly rent is $8000. We have an HOA fees of $1,900 (that is $190 per unit which includes Water, Electricity, gas, internet, cable, ground keeping, insurance, exterminator).Our tenants pay between $800 to $900 per unit for rent with all utilities included. Exterior paint is being done on all buildings and the pool is being totally rebuilt. The HOA has a total of 105 units.
Location
State FL
County Volusia
Community Not Assigned
Zoning OUT/CNTY
Interior
Interior Features Ceiling Fans(s)
Heating Natural Gas, Other
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Garage Over 30 Spaces, Oversized
Roof Type Built-Up
Parking Type Over 30 Spaces, Oversized
Building
Story 2
Entry Level Two
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
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