822 Forest Lane
822 Forest Lane
$269,900
3
2
1,216
1,216
$222
Description
This property offers an impressive approximately 14% ROI annually. Currently used as a residential income duplex but also grandfathered in for commercial use. The front unit features 2 bedrooms, 1 bath, and a kitchen/living area, while the back unit offers 1 bedroom, 1 bath, a large living area, and a kitchen. Both units are currently rented, providing a combined gross monthly/annual income of $2,000.00/$24,000.00. Both units have undergone recent renovations, including HVAC, roof, floors, water...This property offers an impressive approximately 14% ROI annually. Currently used as a residential income duplex but also grandfathered in for commercial use. The front unit features 2 bedrooms, 1 bath, and a kitchen/living area, while the back unit offers 1 bedroom, 1 bath, a large living area, and a kitchen. Both units are currently rented, providing a combined gross monthly/annual income of $2,000.00/$24,000.00. Both units have undergone recent renovations, including HVAC, roof, floors, water heater, walls, doors, and fixtures. The property boasts two separate driveways for parking on the east side, along with a large parking area on the west side accessible via Edwards Street. Furthermore, the property's commercial zoning offers numerous business classification opportunities, making it versatile for various uses such as residential income, conversion to commercial office space for additional income, or as a primary residence or commercial space. Don't miss out on this lucrative investment opportunity!
- Listed by Simon Diaz • EXP REALTY LLC
Property Details for 822 Forest Lane
Subdivision Name
FRST PARK
Township15
WaterfrontNo
Location
LISTING UPDATED: 05/02/2024 10:22 AM
Property Details for 822 Forest Lane
Status | Active |
---|---|
MLS # | O6192140 |
Days on Market | 21 |
Taxes | $1,684 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1950 |
Lot Size | 0.18 AC / 7,813 SF |
County | Volusia County |
Location
Building Information for 822 Forest Lane
Stories-Year Built1950Building Size-Lot Size0.18 AC / 7,813 SF
Payment Calculator
$1,613 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 822 Forest Lane
Property History for 822 Forest Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 822 Forest Lane
Taxable ValueLand$18,749Additions$79,679Total$98,428
Tax Record2023$1,684 ($140 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt978 SqFtAbove Grade Finished SqFt978 SqFtStories1Lot Size7,812 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1975CountyVOLUSIAAPN5338-60-00-0060Fireplace TypeHas Fireplace
Schools near 822 Forest Lane
This home is within Volusia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | PK to 12 |
Rating | School | Distance |
---|---|---|
Champion Elementary School PublicPK to 5 | ||
Ormond Beach Middle School Public6 to 8 | ||
Mainland High School Public9 to 12 | ||
The Chiles Academy CharterPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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