About 542 N Ridgewood Avenue
10 unit Multi Family property newly available which generates excellent income (a little over a 10% cap) and still has 2 vacancies. This property has received updates to many of the units and they vary from 2 bedroom units to studios. 3 Separate buildings with plenty of parking. Enter or exit from either US-1 or Taylor. FDOT has a nearly 10 million dollar project that is slated to begin in a few months, that will transform US-1, with new lighting, bicycle lanes, landscaping and roadway. The recently renovated 25 acre Riverfront esplanade park and downtown are walking distance. Please do not disturb tenants.
Features of 542 N Ridgewood Avenue
| MLS® # | 1217843 |
|---|---|
| Price | $675,000 |
| Bathrooms | 3.00 |
| Acres | 0.29 |
| Year Built | 1925 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 542 N Ridgewood Avenue |
|---|---|
| Area | 34 - Daytona ISB to Mason, E of 95 |
| City | Daytona Beach |
| County | Volusia |
| State | FL |
| Zip Code | 32114 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Detached, Gated, Guest, On Street, Parking Lot, Shared Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate, Tile, Wood |
|---|---|
| Heating | Central, Electric, Other, Varies by Unit |
| Cooling | Central Air, Ceiling Fan(s), Electric, Window Unit(s), Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Lot Description | Cleared, Split Possible, Uplands |
|---|---|
| Roof | Shingle |
| Construction | Frame, Stucco |
Listing Details
| Office | Realty Pros Assured |
|---|