4989 S Ridgewood Avenue, Port Orange, FL

This prime investment opportunity features six fully occupied residential units with long term tenants and room for increases. Additionally, this property offers a standalone commercial restaurant space, that adds additional income and diversification to the property. A short walk to the river, this property is located directly adjacent to the Port Orange Flea Market, and just steps from public transportation. With housing demand at an all time high, combined with it''s prime location, it''s a multifamily gem with a lucrative commercial component. Don''t miss out on this outstanding investment.

Property Information
# Units	7
Acreage	0.42
Air Conditioning	Multiple Units
Appliances	Dishwasher, Microwave, Range, Refrigerator
Area	21 - Port Orange S of Dunlawton, E of 95
Building Type	Apartment Building, Combination, Stand Alone
Construction	Concrete Block
County	Volusia
Directions	Located directly adjacent to Port Orange Flea Market. South of Dunlawton on east side of US1
Heating	Mixed
Inside	Ceiling Fans, Smoke Detector
Land Type	Corner Lot
Meters: # Electric Meters	8
Meters: # Gas Meters	1
Meters: # Water Meters	2
Outside	Balcony/Decking, Curb/Sidewalks, Gutters, Public Bus
Parking	Lighted, Off Street, Parking Lot
Roof	Rolled
Sewer	Public Sewer
Sqft - Bldg	3804.00
Sqft - Total	3804.00
Sqft Source	Property Appraiser
State/province	FL
Style	5+ Units
Subdivision	Not In Subdivision
Utilities On Site	200 Amp, Circuit Breaker, Underground
Water	City
Waterfront	River View
Year Built	1956
Zip Code	32127
Room Information
Phase 1 Envrmnt Complete	Yes
Financial / Legal Info
As Is Cond	Yes
Document Timestamp	2023-10-25T14:26:44
Franchise Opt In	Yes
List Price	1100000.00
List Price/sqft	289.17
Maint Fee Paid	N/A
Owner Pays	Exterminator, Insurance Exterior, Lawn Care, Maintenance Exterior, Management Fees, Real Estate Taxes, Trash Removal, Water
Tax Id	6310-20-02-0131
Tenant Pays	Cable TV, Electric