Listing Details for MLS # O6253811
447-441 N Lincoln Street, Daytona Beach, Fl 32114

Residential Property - Single Family Residence in Daytona Beach

Listing Price: $275,000Days on Market: 1

Description of Property

*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!The average asking price for a 6 bedroom/3 bath single family residence in this Zip code is $397,500. This single family residence is listed at about 69% of the average asking price. This is the only 6 bedroom/3 bath single family residence between $200,000 and $400,000 currently listed for sale in this Zip code.