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140 W MICHIGAN AVENUE, Deland, FL 32720

$389,000
Commercial Property MLS# V4717556 ID: 44198460
$389,000 Get Rates

Commercial - DELAND, FL
HISTORIC MULTIFAMILY income producer adjacent to Stetson University located in the heart of downtown DeLand's Historic District. Step out the front door and you can see the garden of the Presidents mansion. Wood floors and carpet throughout. Multiple family use with six units. Three units are currently occupied and three are in use by the owner. Cap rate of 8.18% is projected assuming fully rented and 7% vacancy rate. Walk to downtown in minutes, or stroll around the fountain in Stetson's courtyard.

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Location Information near 140 W MICHIGAN AVENUE
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Property Features for 140 W MICHIGAN AVENUE
Status
Market Status
Available
Last Updated
April 22, 2017
Description
Property Type
Commercial Property
Year Built
1925
Approx. Lot Size
0.40 Acres
Sq. Feet
4,217

Exterior Features

  • Exterior Construction: Stucco

Legal/Financial

  • Taxes: 3573

Listing Features

  • Property Type: Commercial;

Lot Features

  • View: City

Data Provided by My Florida Regional MLS

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J. Todd Swann, Deland Real Estate


  • Phone: View Phone Number (386) 738-3688
  • Fax: View Phone Number (386) 738-5788
  • Website: Visit Agent Website

Swann & Associates, Deland FL


  • Phone: View Phone Number (386) 738-3688
  • Toll Free: View Phone Number (800) 494-4687
  • Website: Visit Office Website

Data Provided by:
My Florida Regional MLS


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More information about this $389,000 Commercial Property at 140 W MICHIGAN AVENUE

This $389,000 Commercial Property at 140 W MICHIGAN AVENUE in Deland, FL is offered by J. Todd Swann. This $389,000 Commercial Property, located in the 32720 zip code, has the following property features: Exterior Construction, Property Type, View, Taxes. This 140 W MICHIGAN AVENUE Commercial Property, located in Volusia County , is listed under MLS listing number V4717556 and has a listing price of $389,000. You can find more of J. Todd Swann's listings by browsing J. Todd Swann homes for sale at HomesAndLand.com, or even more DELAND homes for sale here.