$399,000

1832-1836 Pineapple Avenue

Melbourne FL, 32935

Description

Fantastic Investor opportunity @ 7.5% Cap rate! Fully rented 2 bedroom/1 bath triplex in Melbourne, across the street from the river. All units have been renovated and freshly painted. *Seller is offering a $15,000 credit at closing toward roof & electrical* Tenants pay their own utilities. Close to the Eau Gallie Arts District for events, shopping and dining, and the Causeway for quick access to the beaches!

Details

MLS#856601
Sub-TypeResale
StatusActive
Days On Site72

Features

SQ Feet2,400
Units3
Building(s)1

Market Activity 32935

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Area Information

StateFL
CountyBrevard
CityMelbourne
Zip Code32935
Area323 - Eau Gallie
Listing VS Median (in 32935)
Price:
$399,000
low | high
Med:
$149,900
100% of Average
SqFt:
2,400
low | high
Med:
1,047
100% of Average
$ / SqFt:
$166
low | high
Med:
$150
59.941933616926% of Average
On Site:
72
low | high
Med:
39
100% of Average
Listing Updated: 12/07/2019
MLS Number: 856601
Listing Provided By:
Jason Engle  of  EXP Realty LLC

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.