220 N ADELLE AVE
$359,900
Fully leased triplex with three separate electric meters. Current rents: main house $1,100/mo (lease ends December 2025, market rent ~$1,550), studio $725/mo, 1BR cottage $950/mo (market rent ~$1,118). Gross income $33,300/yr with upside at lease renewal. Water is one meter, landlord paid. Notable improvements include: new sewer lines to all three units (2015), new separate water services to each building (2015), Main house plumbing replaced with PVC/CPVC (2015), new water supply lines to cottage and studio (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 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
- MLS #
- MFRO6434214
- PRICE
- $359,900
- STATUS
- Active
- BEDROOMS
- 3
- BATHROOMS
- 3
- FULL BATHS
- N/A
- HALF BATHS
- N/A
- SQUARE FOOTAGE
- 1,776 sqft
- ACRES
- 0.25
- YEAR BUILT
- 1947
- TYPE
- Triplex
- STYLE
- N/A
Amenities
- AMENITIES
- N/A
- PARKING
- N/A
- VIEW
- No
- WATERFRONT
- No
- POOL
- No
Exterior
- STYLE
- N/A
- CONSTRUCTION
- Frame
- FOUNDATION
- Crawlspace
- ROOF
- Shingle
- FENCING
- N/A
- LOT DESCRIPTION
- Paved
Additional Information
- DATE LISTED
- August 17, 2026
- DAYS ON MARKET
- 30
- ZONING
- 05R-2
- DIRECTION FACES
- N/A
- NEW CONSTRUCTION
- No
- SPECIAL CONDITIONS
- None
Community Information
- ADDRESS
- 220 N ADELLE AVE
- SUBDIVISION
- Richs Add Deland
- CITY
- Deland
- COUNTY
- Volusia
- STATE
- FL
- ZIP CODE
- 32720
- SENIOR COMMUNITY
- No
Interior
- INTERIOR FEATURES
- Ceiling Fans(s), Eat-in Kitchen, Thermostat
- HEATING
- Ductless
- COOLING
- Wall/Window Unit(s)
- FLOORING
- Tile, Wood, Luxury Vinyl
- FIREPLACE
- N/A
- STORIES
- N/A
- APPLIANCES
- Dryer, Refrigerator, Washer
School Information
- DISTRICT
- N/A
- ELEMENTARY
- N/A
- MIDDLE
- N/A
- HIGH
- N/A
