Beautifully renovated and fully occupied downtown Melbourne quadplex. Excellent location with long term tenants in place. Each unit has been fully renovated with a designer touch to ensure a high demand for future rentability. This is a turn key opportunity with a cap rate of nearly 10%. Capital expenditures will be minimal as the building has a new roof, new electrical panels, impact windows, gas hot water heater and more. Owners provide water, hot water, common electricity and internet. Tenants pay their own electricity, coin laundry provides additional revenue! Owners are licensed Florida realtors
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
