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MLS® ID: 834924

600 Creel Street

Melbourne, Florida, 32935

$329,000 Active
  • 2744 SQFT
Here's your chance to own an income property w/ positive cash flow, which will allow residential financing. This is fully occupied w/ great tenants & PERFECT LOCATION! It's in the heart of Historic Eau Gallie, in the downtown Art district, near Squid Lips restaurant and Eau Gallie Causeway; 10 min to St Patrick Air Force Station & FIT. Beautiful & peaceful neighborhood. Clean, spacious 4 units total, all identical configuration: 1 BED + BONUS ROOM, 1 bath, kitchen/living area & private laundry room. Appliances included: 4 fridges, 3 stoves, 3 washers, 3 dryers. Separate electric meters. Units are always fully occupied, very high demand. Please DO NOT disturb tenants. GROSS INCOME: $35,340/year. EXPENSES: $10,633/year, which includes $3746/insurance; $4491/property taxes; $2396/water.
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Listing courtesy of RE/MAX Elite

Amenities

  • Full baths
    0
  • Zip
    32935
  • Office name
    RE/MAX Elite
  • SQFT
    2744
  • Property type
    Residential Income
  • Elementary school
    Creel
  • Junior high
    Johnson
  • High school
    Eau Gallie
  • Year built
    1959
  • Lot size
    0.2
  • Tax year
    0
  • Agent name
    Ana Patricia Beckner
  • Purchase Type
    Active
  • Price Range
    $300k-$400k
  • Square Feet Range
    2500-3000 sq ft.
  • Year Built Range
    1989 (and earlier)

Location

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