$1,500,000
Active · 2 days on market · MLS# MFRO6339026
| Bedrooms | 24 |
|---|---|
| Living area | 10,308 sq ft |
| Lot size | 0.53 acres |
| Year built | 1986 |
| Property type | Multi Family |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $1,357 |
| County | Brevard |
This well-positioned 10-unit apartment complex offers a strong investment opportunity in the heart of town, just minutes from shopping and everyday conveniences. Property features a mix of four 3-bedroom units and six 2-bedroom units, appealing to a wide range of renters. Each unit is designed as a single level with a combo of ground-level and upstairs units providing variety and accessibility. Open parking ensures convenience for tenants and their guests. While the property offers no on-site amenities, its unbeatable central location keeps occupancy high and attracts long-term tenants seeking proximity to most needs. With strong rental demand and limited comparable inventory in the area, this property represents a stable, income-producing investment with room for future value-add improvements.
Listing courtesy of James Mutter, MUTTER REALTY. Presented by MC Homes Realty Inc · 727432218.