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Wade M. Berlin

ABR,BrkrAssc,CNE,CPM,FSSR,GAA,LLC,PMN,REALTOR ®,SRES
Broker IDX Sites Inc.
We are the World
Property Photos
480 Reed Canal Road
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PRICED AT ONLY: $2,690,000

Address: 480 Reed Canal Road, South Daytona, FL 32119

Description

This 22 unit townhome portfolio in South Daytona is a rare chance to secure a high performing investment with strong cash flow and assumable financing for added flexibility. With high occupancy, individually deeded units, and modern upgrades, this portfolio is already producing solid returnswith even more potential to grow. Each townhome offers updated interiors, private patios, assigned parking, and access to a community pool, making them a favorite among renters. The area's strong rental demand and upward trending market rents create plenty of room to boost income and long term value. With assumable financing below current market rates in place, getting into this deal is even easier. Whether you plan to hold for passive income, push rents for higher returns, or sell units individually down the line, this portfolio offers multiple ways to win. Opportunities like this don't come around oftendon't let it pass you by.
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  • MLS#: 1210441 ( Residential Income )
  • Street Address: 480 Reed Canal Road
  • Viewed: 167
  • Price: $2,690,000
  • Price sqft: $119
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 22528
  • Bedrooms: 44
  • Total Baths: 44
  • Full Baths: 22
  • 1/2 Baths: 22
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Features
Bedrooms / Bathrooms
  • Baths Half: 22
Building and Construction
  • Fencing: Fenced, Vinyl
  • Flooring: Carpet, Tile, Vinyl
  • Roof: Shingle
Land Information
  • Lot Features: Zero Lot Line
Garage and Parking
  • Parking Features: Assigned, Guest, Off Street, Parking Lot
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Separate Electric Meters, Separate Water Meters, Sewer Connected, Water Connected
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: All Utilities
Other Features
  • Appliances: Washer/Dryer Stacked, Refrigerator, Microwave, Ice Maker, Electric Range, Disposal, Dishwasher
  • Levels: Two
  • Parcel Number: Multiple
  • Views: 167
Owner Information
  • Owner Pays: Association Fees, Insurance, Management, Repairs, Taxes

Contact Info

  1. Broker IDX Sites Inc.
  2. We are the World
  3. 750.420.3943
  4. Toll Free: 005578193
  5. support@brokeridxsites.com
Wade M. Berlin