Lake Poinsett and St John location - rare private island income producing with 9 single homes .2 acre site all wooded and private.Old dock and boat house on the property.8 homes have 2 bedrooms 1 bath carport ,one has 3 bedrooms 1 bath carport.RU2-10 zone.Each home has private yard ,septic, own electric and water.LOng driveway to go around the property.Rents range from 675 to 900.
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%.
FULL DUPLEX...FULLY RENTED, each side pays $700 for a total of $1400 a month! BRING YOUR INVESTORS, THESE NUMBERS WORK! Located in the county, not the city...each side has 2 bedrooms, 2 baths and a 2 car garage, walk in closets, tons of storage.