Anayeli Baltazar- Lugo

837 Hickory Street, Melbourne, FL 32901

$1,800,000

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Property Description

Turnkey 8-Unit Multifamily Investment - Prime Melbourne, FL Location 5% CAPDiscover a high-performing 8-unit multifamily CBS building offering stable income and modern upgrades in a strong Space Coast rental market. Each unit is a 1 bed / 1 bath layout with updated interiors and a consistent rental history. With 5,500 SF of rentable area on 0.36 acres, this property provides an ideal balance of density, parking convenience, and long-term tenant retention.The property features a new metal roof (2020), electrical panels, appliances, HVAC, resurfaced/striped parking lot, and freshly painted.

837 Hickory Street | MLS# 1060500

This commercial property located at 837 Hickory Street, Melbourne, FL 32901 is currently listed for sale with an asking price of $1,800,000. Search Melbourne real estate on anayelib.watsonrealtycorp.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 0.36 Acres
Roof Type: Metal
Year Built: 1979
Square Feet: 5,500

Feature Descriptions

Days on Site: 148
Exterior: Concrete, Stucco
Flooring: Tile
Lot: Other
Parking Notes: Additional Parking, Guest, Parking Lot, Unassigned
Security/ Safety Features: Smoke Detector(s)
Sewer: Public Sewer
Utility Features: Cable Available, Electricity Connected, Sewer Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: NeX-Gen Partners
Agency Phone: 772-206-0664

Shown By

Agent Name: Anayeli Baltazar
Agent Phone: (386) 717-1035
Agency Title: Watson Realty Corp., REALTORS ®

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