10 Pontiac Ln, Palm Coast, FL 32164

Description

One or more photo(s) has been virtually staged. Seller willing to cooperate 1 point towards Buyers closing costs/buy down rate and Cross Country Mortgage-Jaime Aguayo (preferred lender) will cooperate with another 1 point. if Buyer decides to use financing. LARGE SPACIOUS DUPLEX WITH LONG-TERM TENANT – GREAT LOCATION | NO HOA. This generously sized duplex is located in a desirable Palm Coast location near schools, shopping, dining, major roadways, and just minutes from the beach.

Each unit features 4 bedrooms, 2 bathrooms, a 2-car garage, and an inside laundry room. Spacious living rooms with soaring vaulted ceilings, creating an open and airy feel. The open-concept kitchen includes a large pantry, beautiful cabinetry, granite countertops, and overlooks the living area. BOTH units have stainless steel appliances including refrigerator, range, microwave, dishwasher, clothes washer, and dryer are all included. Vertical blinds are also included throughout the property. Fully tiled side A and B Duplex.
Washer and dryers included in both units.

Electric and water are separately metered, with utilities paid directly by tenants — helping keep owner expenses low.

INCOME INFORMATION:

Total Projected Gross Monthly Income: $3,770/month
Projected Annual Gross Income: $45,240

Unit A: Currently leased at $1,885/month
Lease expiration: August 31, 2026
Unit B: Recently vacated
Projected rent: $1,885/month

Approximate Annual Expenses:
• Lawn Care: $1,200
• Property Taxes: Approximately $8,000
• Insurance: Approximately $1,800
Approximate Net Annual Income: $34,308

***SPECIAL BUYER INCENTIVE: Professional Property Management INCLUDED for 1 full year through The Cavalieri Property Management.

Schedule your private showing today.