1042 Sea Grape Drive, Melbourne

$550,000

0 Beds
0 Baths
4,860 Sqft
½ Acres
0 Garages

100% occupied MultiFamily Investment opportunity with very low turnover. These 8 units consist of 1 Studio, Four 1 bedrooms , & three 2 bedroom Apartments . All Tenants are Month 2 Month but been there for awhile. Cash Cow that currently yields an 8.5% return after expenses. This property is adjacent to another like property that is also available and consists of 9 more apartments. Family Estate sale, as the current heirs live out of state.

Essential Information
MLS® #872071
Price$550,000
Square Footage4,860
Acres0.50
Year Built1984
TypeIncome
Sub-TypeIncome
StyleOne Story
StatusContingent
Community Information
Address1042 Sea Grape Drive
Area323 - Eau Gallie
SubdivisionRIVERVIEW
CityMelbourne
CountyBrevard
StateFL
Zip Code32935
Amenities
UtilitiesCity Water, Common Water
ParkingOpen Parking
Interior
AppliancesOther - Call Agent
CoolingWall - Window
Exterior
ExteriorStucco
Lot DescriptionCity
RoofShingle - Asphalt
ConstructionConcrete Block, Frame - Wood
School Information
ElementaryCreel
MiddleJohnson
HighEau Gallie
Additional Information
HOA Fees0.00
Listing Details
OfficeCurri Properties
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Listing Courtesy of Curri Properties

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