JoAnn Darling - Coldwell Banker Coast
550 Young Street A,b,c,d
Melbourne, FL 32935

Description

GREAT INVESTMENT PROPERTY! Property located in Historic Old Eau Gallie area - walking distance to river, shopping, restaurants and galleries. 4 residences on 1/2 acre in EGAD. Units are all rented, with annual rental income of $40K resulting in a positive cash flow- with room for major growth!! Each unit approx. 1,200 sq. ft., 2 bedrooms, 1 Bath. Private driveways, indoor laundry, outdoor sitting areas for each unit. Beautifully shaded property boasts mature mossy oaks in beautiful historic setting. Wonderful place as a vacation home or all year round. Works great for long term tenants or seasonal or vacationers.

Details

MLS#816725
Sub-TypeResale
StatusActive
Days On Site121

Features

SQ Feet4,060
Units4
Building(s)1

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Area Information

StateFL
CountyBrevard
CityMelbourne
Zip Code32935
Area323 - Eau Gallie
Listing VS Median (in 32935)
Price:
$449,000
low | high
Med:
$154,900
100% of Average
SqFt:
4,060
low | high
Med:
1,229
100% of Average
$ / SqFt:
$111
low | high
Med:
$127
35.095670909768% of Average
On Site:
121
low | high
Med:
51.5
100% of Average
Listing Updated: 10/14/2018
MLS Number: 816725
Listing Provided By:
Christine Hansen  of  J. Edwards Real Estate

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