Investor Alert! Over 1 acre of property with 2 rentals in heart of Melbourne. Flag lot with privacy in quiet neighborhood features a small tree farm. Rental #1 is a 3 bdrm/2 bath double-wide manufactured home with 1380 sq ft. New roof (4 years), new electrical panel, new plumbing, cabinets and flooring. Manufactured home tenants in place for 10+ years and pay $965 per month, which includes elect/water. Property also features 570 sq ft cottage (1 bed/1 bath) with tenant in place for 14+ years paying $460 per month (incl elect/water). Units are fully furnished including new fridge. All appliances and furniture convey. Tenants want to stay. Net $12,000 per year on a $135k investment with immediate returns.
Would you like more information regarding this property?
Please call (321) 631-5511.
Data Provided by:
Brevard County MLS