Please call Rick Houston at 321-432-3000 to view this property! Over 1 acre of property with 2 rentals in heart of Melbourne. Flag lot with privacy in quiet neighborhood features a small tree farm. Rental #1 is a 3 bdrm/2 bath double-wide manufactured home with 1380 sq ft. New roof (4 years), new electrical panel, new plumbing, cabinets and flooring. Manufactured home tenants in place for 10+ years and pay $965 per month, which includes elect/water. Property also features 570 sq ft cottage (1 bed/1 bath) with tenant in place for 14+ years paying $460 per month (incl elect/water). Units are fully furnished including new fridge. All appliances and furniture convey. Tenants want to stay. Net $12,000 per year on a $135k investment with immediate returns.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
located at 4155 Aurora Road, Melbourne, FL
is currently for sale.
4155 Aurora Road, Melbourne is listed
This property has 4 bedrooms, 3 full bathrooms, and approximately 1,950 square feet.
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