Michael Yovanovich - Coldwell Banker Coast
1002 Brothers Avenue Units 101, 102, 103 & 104
Melbourne, FL 32901

Description

- 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..

Details

MLS#830816
Sub-TypeResale
StatusActive
Days On Site14

Features

SQ Feet2,628
Units4
Building(s)1

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Area Information

StateFL
CountyBrevard
CityMelbourne
Zip Code32901
Area330 - Melbourne
Listing VS Median (in 32901)
Price:
$219,900
low | high
Med:
$189,000
64.051841746248% of Average
SqFt:
2,628
low | high
Med:
1,277
100% of Average
$ / SqFt:
$84
low | high
Med:
$148
26.876867573108% of Average
On Site:
14
low | high
Med:
55
25.454545454545% of Average
Listing Updated: 12/12/2018
MLS Number: 830816
Listing Provided By:
Ruben Garcia  of  ASK4 Realty Mgmt. Inc.

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