2410 MYRTLE AVE, MIMS, FL, 32754
$250,000
Residential Income
|
Bedrooms
4
|
Bathrooms
2
|
Living Area
1,500 Sqft
|
Lot Size
10,454 Sqft
|
Rare investment opportunity in Mims. This side-by-side duplex has been continuously rented for 30 years, an exceptional track record of tenant demand and cash flow stability. Both units offer a 2-bedroom, 1-bathroom layout across approximately 1,500 square feet combined. Both are under year-long leases generating $2,200 in combined monthly rent, or approximately $21,400 in net annual income, an 8.5% cap rate. Listed at $250,000. Roof replaced in 2013. AC system replaced in 2017. A turnkey opportunity for an investor seeking proven cash flow with minimal vacancy risk.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRO6443480 | Year Built: | 1960 | |
| Appliances: | Dryer, Range, Refrigerator, Washer | Construction Materials: | Block | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Brevard | Exterior Features: | Fence | |
| Foundation Details: | Crawlspace | Heating: | Central, Electric | |
| Laundry Features: | Electric Dryer Hookup, Inside, Washer Hookup | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional | |
| Property Sub Type: | Duplex | Property Type: | Residential Income | |
| Road Surface Type: | Paved | Roof: | Shingle | |
| Sewer: | Septic Needed | Showing Requirements: | Appointment Only, Call Listing Agent 2, No Lockbox | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Available, Electricity Connected, Water Connected | |
| Water Source: | Public | |||
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