Description
Huge Income Potential with this 5 Plex in Melbourne near US1, Eau Gallie Art District, Downtown Melbourne and Beaches.Professional Property Management is in place so all you have to do is sit back and collect rent checks.New roof January 2022.All 5 units are currently rented from $495 - $995 as of 4/1/2022 generating over $4100 in monthly rents collectively. A few units are below market. Market rent is estimated at $950-$1100 per unit. All units are plumbed for HVAC.All units have AC units with varying ages. Electric and water are separately metered.
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
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2,678SQFT
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$198$/SQFT
School Information
Description
Huge Income Potential with this 5 Plex in Melbourne near US1, Eau Gallie Art District, Downtown Melbourne and Beaches.Professional Property Management is in place so all you have to do is sit back and collect rent checks.New roof January 2022.All 5 units are currently rented from $495 - $995 as of 4/1/2022 generating over $4100 in monthly rents collectively. A few units are below market. Market rent is estimated at $950-$1100 per unit. All units are plumbed for HVAC.All units have AC units with varying ages. Electric and water are separately metered.
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