- QUADPLEX - INVESTORS DREAM - 4 UNITS IN 1 BUILDING - LAND ALSO INCLUDED IN SALE. NO HOA FOR THE OWNER TO WORRY ABOUT. EACH UNIT HAS IT'S OWN WATER & ELECTRIC METERS. EACH TENANT PAYS THEIR OWN WATER & ELECTRICITY. This property is Zoned Mixed-Use Commercial/Residential. NEW ROOF INSTALLED 5-1-2016. A total of 4 units that bring income in. Unit 101 is the Commercial Unit that is being updated. Unit 101 could possibly rent in the range of $550 to $700 per month. Unit 102 is a 1bedroom 1bath rented at $500 per month. Unit 103 is a 2bedroom 1bath rented at $600 per month. Unit 104 is a 2Bedroom 1Bath rented at $610 per month. Taxes were only $1,651 for 2018. Downtown Melbourne, Restaurants, Shopping close by. Only 5 to 10 minute drive to the BEACH from this TURN-KEY INVESTMENT PROPERTY.
MLS# | 830816 |
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Sub-Type | Resale |
Status | Active |
Days On Site | 86 |
SQ Feet | 2,628 |
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Units | 4 |
Building(s) | 1 |
Area Information | |
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State | FL |
County | Brevard |
City | Melbourne |
Zip Code | 32901 |
Area | 330 - Melbourne |
Listing VS Median (in 32901) | |
Price: $219,900 low | high Med: $179,950 SqFt: 2,628 low | high Med: 692 $ / SqFt: $84 low | high Med: $65 On Site: 86 low | high Med: 16 |