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1 / 34220 N ADELLE AVE
DELAND, FL 32720 - RICHS ADD DELAND - MLS# O6434214
- Beds3
- Baths3
- Living area1,776 sqft
- Lot size0.25 acres
- Year built1947
- Days on market70
About this home
Fully leased triplex with three separate electric meters. Current rents: main house $1,100/mo (lease ends December 2026), studio $725/mo (lease ends April 2027), 1BR cottage $950/mo (month to month). Gross income $33,300/yr. Estimated cap rate approximately 7.8% at list price. Water is one meter, landlord paid. Notable improvements include: new sewer lines to all three units (2015), new water supply lines to each building (2015), main house plumbing replaced with PVC/CPVC (2015), roof replaced (2013), studio roof replaced at closing (2024), electrical upgrades to meet 4-point inspection requirements (2024), main house HVAC (2017-2018), R30 blown-in attic insulation (2024), refinished original wood floors (2019), stainless appliances (2024), and studio fully renovated with interior paint, tile floors, and new A/C (2024). Zoned 05R-2 with three separate electric meters. Whether you’re expanding a portfolio or looking to live in one unit while the others pay the mortgage, this property delivers.
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,776 sqft
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Thermostat
Lot & exterior
- Lot size
- 0.25 acres
- Property type
- Triplex
- Subdivision
- RICHS ADD DELAND
- Year built
- 1947
Location
- City
- DELAND
- County
- Volusia
- State
- FL
- Zip code
- 32720
- Coordinates
- 29.030661, -81.312115
Additional details
Inside the home
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Thermostat
- Cooling
- Wall/Window Unit(s)
- Heating
- Ductless
- Sewer
- Public Sewer
- Stories
- One
Schools
- Elementary
- -
- Middle
- -
- High
- -
Map
Listing courtesy of ZEMBALA GROUP. Source: mfrmls. MLS# O6434214.
Listed by: ZEMBALA GROUPSource: Stellar MLS - MLS# O6434214
Listings courtesy of applicable MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Brokerage: Southern Realty Associates.
Based on information submitted to the MLS GRID as of October 26, 2026 at 10:17 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
DMCA notices may be sent to chris@soldcitrus.com.
