Description

EXCELLENT INVESTMENT OPPORTUNITY! This well-maintained full duplex sits on 1 acre and offers excellent income potential. The first unit features 2 bedrooms, 1 bathroom, and a covered carport. The second unit includes 3 bedrooms, 1 bathroom, 1 additional bonus room (13' x 15'), and a covered carport. With both units rented (currently on a month-to-month basis), the property has the potential to generate over $3,500 monthly in rental income.The rear portion of the property offers about an acre of land that has already been SUBDIVIDED!!!, offering the possibility for additional development. Buyers should verify building opportunities and requirements with the county. Both units have been extensively renovated with major capital improvements, making this a truly turnkey investment. Recent upgrades include a new HVAC system, new flooring, fresh interior paint throughout, new kitchen cabinetry, new ceiling fans, a new stove, and numerous additional improvements designed to minimize future maintenance and enhance long-term value.Conveniently located just 7 miles north of DeLand and close to the St. Johns River, you'll enjoy easy access to fishing and outdoor recreation. The spacious lot also provides plenty of room for RV, boat, or trailer parking. For an even greater investment opportunity, this property may be purchased as a package with the adjacent duplex located at 5121/5115 Upson Ave.