Property Description
Turnkey 8-Unit Multifamily Investment-Prime Melbourne, FL Location 5% CAPDiscover a high-performing 8-unit multifamily CBS building offering stable income and modern upgrades in a strong Space Coast rental market. Each unit is a 1 bed / 1 bath layout with updated interiors and a consistent rental history. With 5,500 SF of rentable area on 0.36 acre, this property provides an ideal balance of density, parking convenience, and long-term tenant retention. The property features a new metal roof (2020), electrical panels, appliances, HVAC, resurfaced/striped parking lot, and freshly painted.
Property Features
Feature Descriptions
Room Sizes
Listed By / Shown By
Listed By
Agency Name: Nex Gen Realty & Property Mgnt
Agency Phone: (772) 204-0664
Shown By
Agent Name: Kim Loferski
Agent Phone: (904) 657-9114
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 10,144.54 per month $8,679.87 Principal & Interest $939.67 Property Tax $525.00 Homeowner's InsuranceChange Payment Information
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837 Hickory Street | MLS# RX-11161626
This single family home located at 837 Hickory Street, Melbourne, FL 32901 is currently listed for sale with an asking price of $1,800,000. This property was built in 1979 and has 8 bedrooms and 8 full baths with 5500 sq. ft. Hickory Street is located in the RIVERSIDE DRIVE subdivision. Search RIVERSIDE DRIVE real estate on kloferski.watsonrealtycorp.com today.