$450,000
Melbourne, FL 32935
MLS# RX-10981354
1250 sqft
1 / 36
Property Description
Investor Alert! This duplex is a veritable investor's paradise! Nestled in the heart of the charming and historic Eau Gallie area, just a stone's throw from the Indian River, this gem offers not one, but two 2-bedroom, 1-bath units. Both units are currently rented on a month-to-month basis, presenting a steady income stream. Close to major space coast companies like NASA, Blue Origin, SpaceX, and other aerospace companies is a big plus to this investment opportunity. The Eau Gallie neighborhood is renowned for its eclectic mix of art galleries, restaurants, and shops. This property is the epitome of location, location, location! And here's the kicker - the owner is offering financing options, elevating the investment appeal to unprecedented heights!
Details
Maps
Contract Information
Listing Date: 2024-04-24
Status: Active
Original List Price: 450000
Auction: No
List Price: $450,000
Current Price: $450,000
List Price/SqFt: 360
Comm/Non-Rep: 0%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Duplex
Property Condition: Resale
Year Built: 1958
Number of Stories: 1
SqFt - Total: 1312
SqFt - Living: 1250
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Subdivision: EAU GALLIE VILLAGE PLAT OF
Waterfront: No
Private Pool: No
Pets on Premises: Yes
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location, Tax & Legal
Area: 5940
Geo Area: PB07
Country: United States
County: Brevard
Parcel ID: 27371625816
Street #: 678
Street Name: Aurora
Street Suffix: Road
State/Province: FL
Zip Code: 32935
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: EAU GALLIE, VILLAGE PLAT OF LOT 16 BLK 8
Zoning: Mix USE
Tax Year: 2023
Taxes: 3271.1
Geo Lat: 28.136551
Geo Lon: -80.629568
Office/Member Info
DXORIGMLNO: RX-10981354
DXORIGMLSID: RML
Unit 1 Info
Bedrooms: 2
Full Bath: 1
Furnished: No
SqFt: 1250
Monthly Income: 980
Unit 2 Info
Bedrooms: 2
Full Bath: 1
Furnished: No
SqFt: 1250
Monthly Income: 925
Income & Expenses
Gross Operating Inc: 22860
Annual Total Expense: 12731
Annual Net Oper Inc: 10129
Property Features
Source of Expenses: Other
Construction: Concrete
Waterfront Details: None
Unit 1 Desc: A/C Unit; Kitchen; Range - Electric; Refrigerator
Unit 1 Parking: Space Parking
Unit 2 Desc: A/C Unit; Range - Electric; Refrigerator
Unit 2 Parking: Space Parking
Lot Description: Corner Lot
Exterior Features: Deck; Screened Patio
Subdiv. Amenities: None
Tenant Pays: Electric; Sewer; Sewer; Water
Restrict: None
Flooring: Terrazzo Floor; Tile
Cooling: Wall-Win A/C
Heating: No Heat
Roof: Comp Shingle
Terms Considered: Cash; Owner
Utilities: Cable; Public Sewer; Public Water
Storm Protection: None
Taxes: City/County
Avail Info: None
Showing Instructions: Text Listing Agent
Listing Office: CGI Realty
Last Updated: April - 29 - 2024
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Saturday 4th of May 2024 10:20 AM