1002 Brothers Avenue Units 101, 102, 103 & 104
Melbourne, FL 32901

Description

FULLY RENTED - 4 UNITS IN 1 BUILDING FOR SALE - LAND ALSO INCLUDED. 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. Building has a total of 4 units that bring income in. Unit 101 is a hair salon paying $500 per month. Unit 102 is a 1bedroom 1bath paying $450 per month. Unit 103 and Unit 104 are both 2bedroom 1baths. Unit 103 is rented for $550 per month. Unit 104 is rented at $595 per month. Taxes were $1,587 in 2017. Owner pays approx. $1,000 for Insurance on the building per year. NO HOA FOR THE NEW OWNER TO WORRY ABOUT. Downtown Melbourne, Restaurants, Shopping close by with only a 5 to 10 minute drive to the beach from this TURN-KEY INVESTMENT PROPERTY.

Details

MLS#793309
Sub-TypeResale
StatusContingent
Days On Site267

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:
$185,000
low | high
Med:
$189,900
47.351351351351% of Average
SqFt:
2,628
low | high
Med:
1,512
92.465753424658% of Average
$ / SqFt:
$70
low | high
Med:
$126
28.413127413127% of Average
On Site:
267
low | high
Med:
36
100% of Average
Nearby Listings (Within 1/2 mile)
Price: $138K - $231K
SqFt: 1,500 - 3,000
Listing Updated: 05/25/2018
MLS Number: 793309
Listing Provided By:
Ruben Garcia  of  ASK4 Realty Mgmt. Inc.

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