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Multi-Family in West Melbourne, Florida

Apartment, Buy | United States of America, Florida, West Melbourne, MONA PARK SUBD
Price-Icon
1.799.000 USD
Approx. 1.676.296 EUR
Price
Total surface approx.-Icon
717.95 m²
Total surface approx.
Plot surface approx.-Icon
2,347.18 m²
Plot surface approx.
Price-Icon
1.799.000 USD
Approx. 1.676.296 EUR
Price

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What you should know about this apartment


Amenities and special features of this apartment

Turn-Key Income Producing Property. Sale includes 89, 87, and 85 NW Irwin Avenue. 89 NW Irwin is a 2-story, 8-unit Apartment Building with 8 1-bedroom/1-bathroom units. 87 NW Irwin is a 3-bedroom/2-bathroom SFR, and 85 NW Irwin is a duplex with each unit having 2-bedrooms and 1-bathroom. Entire complex has recently been renovated and is now fully occupied and producing consistent monthly income. Building is currently operating at a 7.4% Cap rate based on asking price, but there is potential for improvement!


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Contact your personal advisor
Engel & Völkers Melbourne Central
  • Engel & Völkers Melbourne Central
  • Licence partner of Licence partner of Engel & Voelkers Florida Residential, LLC
  • Bradley Griffin
  • 524 N. Harbor City Blvd.
  • 32935 Melbourne
  • Phone: 321 254 5275
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