Melbourne Quadplex with Seller Financing

Property Details

Check out this Brevard County Quad north of Downtown Melbourne. This concrete block multifamily package has two duplexes. The first consists of 2 bedrooms and 1 bathroom in each unit, and the second consists of 1 bedroom and 1 bathroom in each unit. Currently, there are three units occupied at $900 on month-to-month leases, below-market rent. Rental rates range between $950 – $1,100 giving you the opportunity to increase your net AYP. Minimal expenses with an estimated $150 a month for water and trash and separate meters for electricity. With new homeowners and renters moving to Florida at a large scale this is the perfect time to own a buy and hold.

 

  • Address: 888, Mathers Street, Melbourne, Florida 32935 
  • Price: $325,000 
  • Availability: Sold 
  • Bedrooms:
  • Bathrooms:
  • Total Square Feet: 1768 
  • Construction Type: Block 
  • Year Built: 1985 

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