This is a 24 unit apartment complex oriented as follows; there are 4 single story garden style duplexes on the south end of the property and 2 x 8 unit 2 story buildings on the north end. 8 of the units are subsidized tenants. The property has had @ $100k in improvements since purchased by this owner and PGI has increased @ 66% over the last owner. All buildings are block construction. Confidential sale...call listing officefor details / appt. ASSUMABLE FIRST W/ QUALIFYING
Sale Is 3 Parcels Tax ID 2443422, 2424549, 2424542Building # 1: 1920 sq. ft. building, cement block, 1 story. Currently houses a beauty salon and office space.Building # 2: 2000 sq. ft. building, cement block, 1 story. Currently houses Spa/Massage Salon.
Wow! What a wonderful opportunity. This listing includes two commercial bldgs & two residential units. All properties are well maintained and are currently rented! Located on busy Forrest Ave near the downtown Cocoa area and one block from the Indian River. 802 Forrest has an up stair & a down stair rental unit, both have washer/dryer, together the square footage is 1600. 804 currently houses a hair salon, & 806 is being used as a worship center with a total sq ft of 4,800. Total monthly income $3,115 for an annual total income of $37,380! Total annual expenses are $8,340, including property taxes, for an annual net income of $28,950. Producing a cap rate of 8.4%. Owner retiring. LREA is related to owner.
OPPORTUNITY KNOCKS!! Two well-maintained duplexes (4 units), fully rented with common laundry area. Units produce an annual gross income of $30,360 minus minimal operating expenses of $6,744, which includes property taxes, providing a cap rate of 8%. The duplexes are surrounded by beautiful Oak trees! Quaint and quiet, one block from the Indian river, Forrest Ave,close to Hwy 520, and Downtown Cocoa. Perfect area for your tenants to go biking, jogging, or walk to dinner in the Village, and then walk dinner off on the way back!! Drive by is OK- PLEASE do not disturb the tenants. Owner is related to LREA.
Attention Investors! Rarely offered multi-family six-plex in historic Cocoa Village. Currently 100% occupied with several long-term tenants. Five(5) 1br/1ba units and one(1) 2br/1ba unit. Current CAP rate is 7.37% with the potential for 9.68. Conveniently located near Cocoa Village, Lee Wenner Park and the beautiful Indian River. Lots of off-street parking. Note: PLEASE DO NOT DISTURB TENANTS. Owner financing considered at 7%.
Well maintained duplex with great income. Each unit offers 2 bedrooms and 1 bath. Laundry on site. Many updates have been completed. Nothing to do but collect the rent! Could be easily converted to a two family home. Large workshop for additional space. Quiet street off the beaten path. By appointment only. Please do not disturb tenants
Architecture Style: Other
Cooling System: Window Unit(s) A/C
Exterior Type: Block, Concrete Block
Floor Covering: Carpet, Tile
Lot Size: 0.18 Acres
Parking Type: Open, Paved or Surfaced
Roof Type: Asphalt
1417 Wilson Road, Cocoa, FL 32922
1417 Wilson Road, Cocoa, FL 32922
615 Clearlake RoadCocoa, FL 32922
Courtesy Of New Beginningz Real Estate Group, Inc.
Triplex..The first unit is a single family 2/1, about 986 sq ft with woods floors, newer windows, decent cabinets, central air. The back building is a duplex with 2 - 2 bedroom/ 1 bath units. Each unit is about 800 sq ft. This building also has newer windows, decent kitchens, window units for air conditioning and decent floors.All units are rented and bring in about $1800 per month.
Duplex! Both sides are currently vacant with 2 bedrooms and 2 bathrooms on each side. Each side has their own private patio area and the back has shared shed. This could be for an investment or you could make it your home with income on the other side. Take a look at this one today. This is a Fannie Mae HomePath property.Purchase this property for as little as 5% down! *This property is approved for HomePath Renovation Mortgage Financing.Close by May 31, 2014 and request up to 3.5% of the final sales price to be used as closing cost assistance! Click HomePath.com for details or ask me. Restrictions apply