600 Creel Street
Melbourne, FL 32935

Description

Here's your chance to own an income property w/ positive cash flow, which will allow residential financing. This is fully occupied w/ great tenants & PERFECT LOCATION! It's in the heart of Historic Eau Gallie, in the downtown Art district, near Squid Lips restaurant and Eau Gallie Causeway; 10 min to St Patrick Air Force Station & FIT. Beautiful & peaceful neighborhood. Clean, spacious 4 units total, all identical configuration: 1 BED + BONUS ROOM, 1 bath, kitchen/living area & private laundry room. Appliances included: 4 fridges, 3 stoves, 3 washers, 3 dryers. Separate electric meters. Units are always fully occupied, very high demand. Please DO NOT disturb tenants. GROSS INCOME: $35,340/year. EXPENSES: $10,633/year, which includes $3746/insurance; $4491/property taxes; $2396/water.

Details

MLS#834924
Sub-TypeResale
StatusActive
Days On Site61

Features

SQ Feet2,656
Units4
Building(s)1

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Area Information

StateFL
CountyBrevard
CityMelbourne
Zip Code32935
Area323 - Eau Gallie
Listing VS Median (in 32935)
Price:
$329,000
low | high
Med:
$163,000
100% of Average
SqFt:
2,656
low | high
Med:
1,211
100% of Average
$ / SqFt:
$124
low | high
Med:
$135
41.338515482444% of Average
On Site:
61
low | high
Med:
14
100% of Average
Listing Updated: 03/24/2019
MLS Number: 834924
Listing Provided By:
Ana Patricia Beckner  of  RE MAX Elite

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