447-441 N Lincoln STREET, Daytona Beach, FL 32114

$275,000 Asking Price

6 beds
3 baths
2,213  sqft
Built in 1961

*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!

Features & Amenities

Interior

General:
Thermostat
Appliances:
Other
Laundry:
Inside, Laundry Room
Flooring:
Other
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Fireplace

Exterior

General:
Other

Construction

Roofing:
Shingle
General:
Brick, Concrete, Stucco, One, Concrete Perimeter, Slab

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Volusia

Lot

Zoning:
0100-SFR, LOT 17 & 18 BLK 2 ROOSEVELT PARK PER OR 1935 PG 0880 PER UNREC D/C PER OR 5795 PGS 3458-3460 INC, 15333898020170

Utilities

Utilities:
Electricity Available, Sewer Connected, Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
REGENCY REAL ESTATE LLC, Heather Spirazza

About Daytona Beach, FL

Housing

Number of Units
63,488
Median Home Value
$167,983
Median Rent
$883

49.09% of housing units are renter occupied.

19.34% are vacant.

Commute

Car
73.91%
Public Transportation
2.78%
Walk to Work
2.79%
Work from Home
18.00%
Other
0.81%

The median travel time to work is 18 minutes.

People

Population
112,996
Median Age
42.90
Median Household Size
2.35

Education

High School
32.16%
Associate’s Degree
11.33%
Bachelor’s Degree
14.89%
Graduate Degree
7.70%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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