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About this home
221 N Julia Ave is a 1925-built home in Hart W H, Deland. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,350 square feet of living space. Listed at $340,000 (about $252/sqft), 156 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
FULLY REMODELED INCOME-PRODUCING property located in the growing Deland area. This unique property features a main residence plus a detached accesory dwelling unit (ADU), both currently occupied and generating immediate renta income. The main home offers 2 bedrooms and 1 bathroom currently leased at $2,000/month, while the detached is a 1 bedroom, 1 bathroom (ADU) is leased at $1,400/month, for a total monthly income of $3,400. Property has been completely re-pipe and extensively updated with a new metal roof, new A/C systems, new water heater, updated electric connections and full interior renovations. Kitchens have been tastefully remodeled making this a true turnkey investment opportunity. Excellent option for investors seeking a stabilized property with immediate cash flow and low maintenance. Conveniently located near shopping, dining, major roadways, minutes from downtown Deland, and Stetson University.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$340,000
$252 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,350 sq ft
Time on market
156 days
Year built
1925
Monthly payment
About $2,425/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,786 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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