274 Laws LANE Ormond Beach, FL $ 639,900
274 Laws LANE
$ 639,900
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274 Laws LANE

Ormond Beach, FL, 32174
$ 639,900
Baths0.0 Sq 1,708

Monthly Estimate*

$ 4,470

274 Laws LANE, Ormond Beach, FL 32174 - Image 1
274 Laws LANE, Ormond Beach, FL 32174 - Image 2
274 Laws LANE, Ormond Beach, FL 32174 - Image 3
274 Laws LANE, Ormond Beach, FL 32174 - Image 4
274 Laws LANE, Ormond Beach, FL 32174 - Image 5
274 Laws LANE, Ormond Beach, FL 32174 - Image 6
274 Laws LANE, Ormond Beach, FL 32174 - Image 7
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Studio

Multi-Family Home for sale in Ormond Beach, FL

for $639,900. This 1,708 square foot home was built in 1960 on a lot size of 0.15.

Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns, this property promises versatility and profitability. Each of the three units has been meticulously updated to offer impeccable living spaces. The first floor presents a unique layout featuring two bedrooms and two baths. What sets this unit apart is the ability to partition off one side, creating a secluded efficiency area ideal for an in-law suite or accommodating a multi-generational lifestyle. On the second floor, two charming apartments await, each with its own balcony, providing a cozy retreat for tenants. Despite having three separate electric meters, the seller covers all utilities and furnishings in the rent, simplifying management for tenants and ensuring good returns for the owner. This investment opportunity boasts a highly desirable business model that rarely experiences vacancies, and when available, units are swiftly filled. Licensing is already in place for this well-maintained property, with updates including a 2012 roof replacement, tankless water heaters, and pristine condition throughout. Additional amenities include on-site laundry facilities, ample off-street parking for six vehicles, and a spacious storage shed. Nestled on a generous lot in central Ormond Beach, the property offers proximity to excellent dining options, the Halifax River, and just a short drive to the beach. Come see this great investment today! There are no warranties expressed or implied. All measurements are approximate. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed. Buyers should check city zoning for rental restrictions.

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Multi-Family Active

Price

$ 639,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,663

Style

Triplex

Lot Size

0.15

Year Built

1960

Town/City

Ormond Beach

County/Region

Volusia

MLS | Web ID

V4935709

Features
General
Interior Features Ceiling Fans(s) Crown Molding Ninguno
Sewer Public Sewer
Heating Central
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Public Sewer Connected Water Connected
Roof Other
Exterior Features Outbuilding
Zoning MULTI
Construction Materials Concrete
Year Built 1960
Levels Two
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
County Volusia
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name LIBERIA ADD ORMOND FLA
Garage Y/N No
Status Active
Directions from Granada and US1 head south a few blocks to Laws lane on right go to end of street
High School Seabreeze High School
City ORMOND BEACH
Buyer Agent Compensation 2%
Senior Community Y/N No
Total Units 3
MLS Area 32174 - Ormond Beach
Lot Size Square Feet 6600
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Laws
Elementary School Pine Trail Elem
Tax Annual Amount 5663.72
Middle/Junior High School Ormond Beach Middle
Public Remarks Don't miss out on the incredible opportunity to acquire this remarkable triplex. Whether you choose to reside in one unit and lease the others or capitalize on renting all three for maximum returns t
Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4935709
Days on Market 1
Standard Status Active
Tax Lot 20
Legal Description LOT 20 BLK 2 LIBERIA ORMOND MB 2 PG 118 PER OR 4684 PGS 0511-0514 INC PER OR 6268 PG 0851 PER OR 6301 PGS 1427-1428 PER OR 6598 PG 4793 PER OR 8072 PG 3890
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Interior
Furnished Y/N Furnished
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix LANE
Laundry Features Common Area
Total Bedrooms 0
Total Baths 0
Living Area Units Square Feet
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Exterior
Parking Features Off Street
Water Source Public
Lot Size Area 6600
Foundation Details Slab
Number of Buildings 1
Building Area Total 2500
Lot Dimensions 60 x 110
Lot Size Acres 0.15
Road Surface Type Asphalt
Lot Size Units Square Feet
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* Excluded Features
List By
Calnan Real Estate

Broker

colleen@calnanrealestate.com

Email

Affordability Calculator

$4,942
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,470
Monthly Property Taxes
$472
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3324112 Elementary School
3326094 Middle School
Seabreeze High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2024$639,900 Listed Price

Map


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274 Laws LANE, Ormond Beach, FL, 32174 is a Multi-Family Home for sale at $639,900 with 1,708 sqft and a lot size of 0.15. 274 Laws LANE is a studio with 0.0 baths and was built in 1960. The property's zip code is 32174 which is in Ormond Beach, FL