Turnkey 8 Unit Multifamily Investment Prime Melbourne, FL Location 5% CAP
Discover 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.
Turnkey 8 Unit Multifamily Investment Prime Melbourne, FL Location 5% CAP
Discover 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.
Features
Building and Construction
Roof: Metal
Garage and Parking
Parking Features: Guest
Eco-Communities
Water Source: Public
Utilities
Cooling: Central Air
Electric: Three Phase
Heating: Other
Pets Allowed: Pet Restrictions Possible, Yes
Utilities: Water Available, None
Amenities
Association Amenities: None
Finance and Tax Information
Tax Year: 2025
Other Features
Appliances: Electric Water Heater, Dryer, Free-Standing Freezer, Microwave, Refrigerator, Washer, Water Heater
Furnished: Unfurnished
Interior Features: None
Legal Description: RIVERSIDE DRIVE PART OF LOT 56 AS DES IN ORB 848 PG 992 EX ORB 866 PG 928, 1007 PG 978 BLK A
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