SQUARE FEET5,500
MLS#RX-11135279
STATUSActive
PROPERTY TYPECommercial - Investment
SUBDIVISIONRIVERSIDE DRIVE
Property Description
Turnkey 8-Unit Multifamily Investment-Prime Melbourne, FL Location 5% CAPDiscover 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.
Property Features
Property Type: Commercial - Investment
Cooling: Ceiling Fan, Central, Electric
Heating: Central, Electric
Roof Type: Metal
Stories: 2.0
Taxes: $10,031
Year Built: 1979
Feature Descriptions
Building Type: Free Standing, Resident. Multi-Fam.
Days on Site: 130
Exterior: CBS, Stucco
Flooring: Tile
Sale Includes: Building and Land
Security: None
Tenant Pays: Electric, Insurance
Use: Income
Utilities: Cable, Electric, Public Sewer, Public Water
Listed By / Shown By
Listed By
Agency Name: Nex Gen Realty & Property Mgnt
Agency Phone: (772) 204-0664
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
837 Hickory Street | MLS# RX-11135279
This commercial property located at 837 Hickory Street, Melbourne, FL 32901 is currently listed for sale with an asking price of $1,800,000. Search Melbourne real estate on www.realtymark.net today.