MLS® ID: 834924
600 Creel Street
Melbourne, Florida, 32935 $329,000
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.