PMiddle-income multifamily properties in desirable neighborhoods like this one have demonstrated strong performance and resilience, even in down markets.roud to present exclusively present 26- 28 S Hollywood Avenue for sale. This 5 – unit Boutique multifamily is made up of 2 structures and is located in one of the best areas of Daytona Beach with the water being just a two-minute walk away.
This moderately updated property is now being offered at $720,000. The property consists of five one-bedroom, one-bathroom units with upgraded bathrooms electric systems and water heaters. All units are rented providing a steady cash flow with gross rental income of $84,600 a year.