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602 Josephine Street , #0

Titusville, FL 32796
  • $325,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 948790
UPDATED: 180 min ago
$325,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,272
    SQFT
  • $143
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Information

Elementary School:
Middle School:
High School:

Description

Current rental rates are at $950 each, both on month-to-month leases. Currently at a 7% cap rate. Market rent is $1,250/mo. pushing this duplex to a 9% cap. Perfect for a beginning investor looking to live in one unit and rent the other. Setbacks are 25' all around allowing property to turn into a quadplex. The floorplans are idential with two bedrooms, one bathroom, terazzo floors and an open kitchen opening up to the living/dining room.

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© 2022 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: 2022-12-05T00:10:42.3.
www.homesinmelbournefl.com/homes/134142450
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602 Josephine Street , #0 Titusville, FL 32796

  • Price: $325,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 180 min ago
  • MLS #: 948790
0
Beds
0
Baths
0
½ Baths
0.22
Acres
2,272
SQFT
$143
$/SQFT
1958
Built
Neighborhood:
Titus Addn To Titusville
County:
Brevard
Area:
102 - Mims/Tville SR46 - Garden
Elementary School:
Mims
Middle School:
Madison
High School:
Astronaut
Property Description
Current rental rates are at $950 each, both on month-to-month leases. Currently at a 7% cap rate. Market rent is $1,250/mo. pushing this duplex to a 9% cap. Perfect for a beginning investor looking to live in one unit and rent the other. Setbacks are 25' all around allowing property to turn into a quadplex. The floorplans are idential with two bedrooms, one bathroom, terazzo floors and an open kitchen opening up to the living/dining room.
Exterior Features

Community Pool No Construction Concrete Block Exterior Finish PaintedStucco Lot Description City LotPaved StreetWest Of Us1 Parking 1 Car Carport1 Space Per UnitCoveredOpen ParkingStreet Pool No Private Pool No Roof Shingle - Asphalt Site Location Paved Street Style One Story Waterfront Present No

Interior Features

Cooling Wall - Window Equipment And Appliances Electric RangeRefrigerator Floor Terrazzo Heating Electric Split Bedroom No Sq Ft Total 1536.00

Property Features

55 Plus Community YN No Deed Restrictions No Expenses Include Lawn-Landscape MntRe Taxes Financing 1031 ExchangeCashConventionalFhaVa Loan Fixer Upper No Free And Clear Yes Gated Community No Home Warranty YN No Homestead YN No Multifamily Subtype Duplex Property Status Standard Rent Includes Lawn/Land MntnceRe Taxes Source Owner Provided Source Of Measurement Tax Rolls Tax Year 2022 Utilities Cable AvailableCity WaterSep Elect Meter(S)Sep Water Meter(S)

Listing provided courtesy of Re/Max Solutions: (321) 766-5674.
© 2022 Space Coast Association of REALTORS®, Inc. All Rights Reserved.


© 2022 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: 2022-12-05T00:10:42.3.
 
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Engel & Voelkers Melbourne Central
524 N. Habor City Blvd.
Melbourne FL, 32935