Melbourne Cash-Flow with Equity Princeton Ave. Melbourne, FL. 32901
Property Detail
Type
Single Family Home, **SOLD** Status
Cash Flow, **SOLD** Location
Florida
Sub Location
Melbourne
Price
$130,000
Sq. Ft.1,436Bedrooms3Bathrooms1ARV$185,000+/-Rent/mo$850 - $1250Rehab$5k - $7kGarageCarportPoolNoneTaxes/yr$1,760.43Lot Size (Acres)0.18ConstructionBlockWaterfrontNoneYear1958SubdivisionUniversity ParkHOA Fees/mon/a
Property Description
Here is a clean cash-flow in a great location. This 3 bedroom SFH in Melbourne was remodeled about 5-6 years ago. It was tiled throughout the house and it was painted. The a/c is about 7 years old.
Property is currently tenant occupied on a month to month lease paying $850 per month. Market rent in the area suggest $1,200 or more for this location.
