Holly Hill, FL 32117,1202 RIDGEWOOD AVE
Holly Hill, FL 32117,1202 RIDGEWOOD AVE
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$550,000

$600,000

8.3%
Est.Price: ?

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Est. payment /mo

2,613 Sqft Lot


SOLD DATE : 04/27/2022

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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Stellar MLS
Listed by 3 Dot Realty LLC
Bought with NON-MLS OFFICE
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