2716 RIVERVIEW DR #A, MELBOURNE, FL, 32901
$1,100,000
Commercial Sale
|
Living Area
3,194 Sqft
|
Lot Size
21,344 Sqft
|
Prime Multifamily Investment Opportunity in Historic Downtown Melbourne Own a piece of iconic Florida architecture with stunning Indian River views, just minutes from Historic Downtown Melbourne. Situated on a half-acre lot, this turn-key investment features five rental units across two buildings, offering a mix of unit sizes to cater to various tenant needs. -5 Rental Units: Two studios, one one-bedroom, and two two-bedrooms. -Zoned Commercial Multi-Family Residential 2 to 9 units. -Strong Rent Potential: Diverse unit types appeal to a range of tenants, ensuring consistent cash flow. -Prime Location: Close to Downtown Melbourne's shops, dining, and attractions, with easy access to the Indian River and local parks. -Dual Parking Areas: Two separate parking areas provide ample, parking for tenants. This property offers multifamily investors a turn-key opportunity with income potential and room for expansion. A great balance of location, charm, and growth opportunity.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6269201 | Year Built: | 1927 | |
| Construction Materials: | Frame, Wood Siding | Cooling: | Central Air, Wall/Window Unit(s) | |
| Country: | US | Flooring: | Vinyl | |
| Foundation Details: | Slab | Levels: | Two | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Lot Features: | Historic District, Paved | Occupant Type: | Tenant | |
| Parking Features: | Parking Spaces - 1 to 5, Common | Possession: | Close Of Escrow | |
| Property Sub Type: | Multi Family | Property Type: | Commercial Sale | |
| Road Frontage Type: | City Street | Road Surface Type: | Paved | |
| Roof: | Metal, Shingle | Sewer: | Private Sewer | |
| Showing Requirements: | 24 Hour Notice, Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany, Other, See Remarks, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Electricity Available, Water Connected | Water Source: | Public | |
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