$275,000
For Sale

447-441 N LINCOLN STREET

Daytona Beach, FL 32114
2750 sqft | 6 beds | 3 baths | 0.26 acres | #O6253811
Browse 31 photos
Type:Purchase
Structure:House
Zone:Residential

Description

*IMMEDIATE EQUITY* This duplex in Daytona Beach presents an excellent investment opportunity if you want to earn passive income living in your primary residence. Use the future projected rental income of the other unit to help you qualify for a conventional mortgage with the minimum down payment of 5%!! Or invest in this as a two unit rental property. With light renovation needed, the 1ST UNIT features 4 bedrooms and 2 bathrooms, along with two spacious living areas, a kitchen, and a laundry room. The 2ND UNIT offers 2 bedrooms, 1 bathroom, and a convenient kitchenette, making it perfect for tenants looking for comfortable living. The property includes an unfinished garage, which could be transformed into a 3RD UNIT, further increasing rental potential. An alleyway separates this duplex from the unit behind the garage, providing additional privacy and accessibility, complete with its own driveway and two entrances. This property is close to numerous attractions - Daytona Beach is famous for its stunning beaches, the iconic Daytona International Speedway, and a variety of outdoor activities, including water sports and fishing. The area also boasts a lively dining scene, shopping options, and cultural attractions such as the Daytona Beach Boardwalk and the Museum of Arts and Sciences. No short-term rentals permitted, primary residence or long-term rental only. [Roof 10 years old on both, central AC 2008 in Unit 1, AC unknown in unit 2] Don’t miss out on this perfect investment!

  • Interior Details
      • InteriorThermostat
    • Beds & Baths
      • Bedrooms6
      • Bathrooms3
      • Full Baths3
  • Property Details
      • Exterior MaterialsOther
    • Measurements
      • Acres0.26
      • Square Feet2750
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1961
    • Material information
      • FoundationConcrete Perimeter, Slab
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Sewer Connected, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionROOSEVELT PARK
    • Location
      • CountyVolusia
  • Financial Details
      • Original List Price$290,000
      • Taxes Annual$431
      • Days on Market (Cumulative)6
  • Other
      • MLS #O6253811

Location

Sunshine Group InternationalSunshine Group International
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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