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417 Oak Place is a mixed use income property in a highly desirable Port Orange location just off US Highway 1. The offering includes two structures with a total of five income producing units. The front building is a three bedroom two bathroom single family residence suitable for strong rental income or an ideal live work setup for an owner operator. The rear building includes two commercial flex bays on the ground level with two one bedroom apartments above. This layout attracts both residential and commercial tenants and gives owners the flexibility to occupy any combination of spaces while generating rental income from the remaining units. The commercial bays are well suited for trades, contractors, workshop use or storage retail. Residential units produce consistent income with opportunity for increased rents. Located minutes from I 95 and the beaches, the property sits in a mixed commercial and residential corridor that supports long term tenancy and high demand.
Features
Age: Over 50 Years Old
Amenities: Cable Ready
Building Units: 5
Cooling System: Varies by Unit
Floors: 2
Heating System: Varies by Unit (Heating)
Legal Description: N 75 FT OF LOT 17 W OF NEW ROAD EXC W 395 FT ON S/L ASSESSORS PORT ORANGE PER OR 3142 PG 1746 PER OR 7795 PG 1178 PER OR 8185 PG 1784 PER OR 8290 PG 3713