2050 S Deleon AVE Titusville, FL 32780
4 Beds
2,326 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,326 sqft
Price per Sqft $107
Subdivision Whispering Hills Country Club Ests Sec 3
MLS Listing ID 1056439
Bedrooms 4
HOA Y/N No
Total Fin. Sqft 2326
Year Built 1987
Annual Tax Amount $3,493
Tax Year 2023
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Duplex
Source Space Coast MLS (Space Coast Association of REALTORS®)
Property Description
Discover a well-maintained income-producing duplex located on DeLeon Street, perfect for both seasoned investors and those looking to start their real estate portfolio. With a calculated 5% cap rate based on a $250,000 purchase price, this property offers a solid return in today's market.
Each side of the duplex is currently rented, generating $1,825 in total monthly income ($815 and $1,010). The property's low monthly expenses - including approximately $290 for insurance, $285 for property taxes, $150 for management, and $100 for lawn care - help ensure steady cash flow and a hassle-free investment.
This duplex has been thoughtfully maintained over the years with major upgrades already completed, including a 2017 dimensional shingle roof, two newer hot water heaters (2016 and 2024), and two updated AC units (2019 and 2021). The home is protected by a current termite bond with Stark Exterminators.
Location
State FL
County Brevard
Area 103 - Titusville Garden - Sr50
Direction US1 to Harrison West to Deleon. Duplex is on the second corner down Deleon Ave.
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl
Appliance Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Exterior
Exterior Feature ExteriorFeatures
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Present Use Multi-Family,Residential
Garage No
Private Pool No
Building
Story 1
Sewer Septic Tank
Water Public
Level or Stories One
New Construction No
Schools
Elementary Schools Apollo
High Schools Titusville
Others
Senior Community No
Tax ID 22-35-09-76-00000.0-0071.00
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/spc/1056439
