
Description
Grab this Income producing Triplex close to US1, Eau Gallie Art District, Downtown Melbourne and Beaches before its gone.New Roof in March 2019.Property Management is already set up for the property - Just sit back and collect the rent checks.Unit A & B are occupied with $900+ Rents and Unit C is recently renovated (New AC, Hot water tank, flooring, Kitchen cabinets). Rents are below market.Market rents are estimated at $1100-$1300.Unit A Lease expires 11/1/22. ($900)Unit B Lease expires 7/31/22. ($909.50)Increased operational expenses in 2021 due to changes in Property Management, vacancies/cleanouts and new HVACs.
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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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1,868SQFT
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$201$/SQFT
School Information
Description
Grab this Income producing Triplex close to US1, Eau Gallie Art District, Downtown Melbourne and Beaches before its gone.New Roof in March 2019.Property Management is already set up for the property - Just sit back and collect the rent checks.Unit A & B are occupied with $900+ Rents and Unit C is recently renovated (New AC, Hot water tank, flooring, Kitchen cabinets). Rents are below market.Market rents are estimated at $1100-$1300.Unit A Lease expires 11/1/22. ($900)Unit B Lease expires 7/31/22. ($909.50)Increased operational expenses in 2021 due to changes in Property Management, vacancies/cleanouts and new HVACs.
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