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    BEDS
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    ACRES
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    BATHS
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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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MLS #
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Neighborhood
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Type
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Built
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County
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Area
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School Information

Elementary School
Middle School
High School

Description

CASH COW!!! Investment opportunity for savvy investor. This town home complex, has the potential to be converted from two units into a 4 plex and almost double your cash flow. Property is Currently producing a CASH ON CASH RETURN OF 10%. Once property is converted into 4 plex, your CASH ON CASH RETURN GOES UPWARD TO 14-16% .The front part of the unit can be converted into living space, and the 15x23 garage out back has it's on meter and be converted into living space a well Both town homes are well below market rent ,but occupied with two long term tenants. Both town homes have been completely updated. Interior exterior paint Real wood cabinets, tile and vinyl floors thru-out the units stainless steel appliances. Within walking distance to stores and public parks, and bus loop

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© 2021 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Engel & Voelkers Melbourne Central are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Melbourne Central.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-09-21T00:09:25.823.
www.homesinmelbournefl.com/homes/117335296
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1531 Violet Avenue Titusville, FL 32796

  • Price: $289,000
  • Status: Active
  • Updated: 232 min ago
  • MLS #: 905357
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2,967
SQFT
$97
$/SQFT
1964
Built
Neighborhood:
102 - Mims/Tville SR46 - Garden
County:
Brevard
Area:
102 - Mims/Tville SR46 - Garden
Elementary School:
Mims
Middle School:
Madison
High School:
Astronaut
Property Description
CASH COW!!! Investment opportunity for savvy investor. This town home complex, has the potential to be converted from two units into a 4 plex and almost double your cash flow. Property is Currently producing a CASH ON CASH RETURN OF 10%. Once property is converted into 4 plex, your CASH ON CASH RETURN GOES UPWARD TO 14-16% .The front part of the unit can be converted into living space, and the 15x23 garage out back has it's on meter and be converted into living space a well Both town homes are well below market rent ,but occupied with two long term tenants. Both town homes have been completely updated. Interior exterior paint Real wood cabinets, tile and vinyl floors thru-out the units stainless steel appliances. Within walking distance to stores and public parks, and bus loop
Exterior Features

Community Pool No Construction Combination Exterior Finish BrickSiding - VinylStucco Lot Description CityPaved Street Parking 2+ SpacesOpen Parking Pool No Private Pool No Roof Shingle - Asphalt Site Location Dead End Street Style Converted PropertyOther - Call Agent Total Parking Spaces 3 Waterfront Present No

Interior Features

Cooling Central Equipment And Appliances DishwasherDryerMicrowaveRange - ElectricRefrigeratorWasher Floor Other - Call AgentTileVinyl Heating Central Split Bedroom Yes Sq Ft Total 2687.00

Property Features

Docs On File Lease Expenses Include Other - Call AgentRe Taxes Financing CashConventionalFha Fixer Upper No Multifamily Subtype DuplexQuadplex Property Status Standard Rent Includes Other Source Of Measurement Tax Rolls Tax Amount 2952.53 Tax Year 2020 Utilities City WaterCity Water AvailableSewer Available

Listing provided courtesy of Keller Williams Realty Brevard.
© 2021 Space Coast Association of REALTORS®, Inc. All Rights Reserved.


© 2021 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Engel & Voelkers Melbourne Central are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Melbourne Central.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-09-21T00:09:25.823.
 
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Engel & Voelkers Melbourne Central
524 N. Habor City Blvd.
Melbourne FL, 32935