BEDS8
BATHS8 full
SQUARE FEET5,500
MLS#RX-11161626
STATUSActive
PROPERTY TYPEResidential - Single Family
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: Residential - Single Family
Cooling: Central
Lot Size: 0.36 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $11,276
Year Built: 1979
Feature Descriptions
Community Features: None
Days on Site: 25
Equipment/Appliances: Dryer, Freezer, Microwave, Refrigerator, Washer, Water Heater - Elec
Exterior: CBS, Stucco
Flooring: Tile
Furnished: Unfurnished
Interior Amenities: None
Lot: 1/4 to 1/2 Acre
Membership Fee Required: No
Parking Notes: 2+ Spaces, Guest
Security: None
SQFT Living: 5500
Utilities: Electric, None, Public Water
Room Sizes
Living Room: Level - Main
Kitchen: Level - Main
Primary Bedroom: Level - Main
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
Estimate Your Payment
Estimated Payment
$ 5,470.69 per month $4,006.02 Principal & Interest $939.67 Property Tax $525.00 Homeowner's InsuranceChange Payment Information
837 Hickory Street | MLS# RX-11161626
This single family home located at 837 Hickory Street, Melbourne, FL 32901 is currently listed for sale with an asking price of $1,800,000. This property was built in 1979 and has 8 bedrooms and 8 full baths with 5500 sq. ft. Hickory Street is located in the RIVERSIDE DRIVE subdivision. Search RIVERSIDE DRIVE real estate on www.realtymark.net today.