620 E New Haven Avenue, Melbourne, FL 32901

$1,550,000
7
BA
4,443
SqFt

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List Price
$1,550,000
Status
ACTIVE
Days on Market
568
Price Change
▼ $100,000 1752624317
MLS#
1033567
Subtype
Commercial Sale
Year Built
1954
Bathrooms
7
Living Area
4,443
Lot Size
8,276
Acres
0.19
Subdivision
Camps Plat Of Melbourne
MLS Area Major
Melbourne

Property Description

Meticulously maintained mixed-use building featuring FIVE apartments and TWO retail spaces. With annual income of gross income of $122,552, blending both residential and commercial income, gross and NNN, this property offers a diverse and stable revenue stream. The building has undergone extensive recent renovations, including a roof replacement, fresh paint, new impact-rated windows, a new front patio, landscaping improvements, parking lot replacement, and new air conditioning units. These comprehensive upgrades position the property for long-term, profitable holding with minimal near-term capital expenditures.

Additional Information

Heating
Varies by Unit
Air Conditioning
Varies by Unit
Exterior Construction
Block, Concrete, Frame, Stucco
Parking
Additional Parking, Other

Listing courtesy of Reach Commercial Real Estate.

Listing courtesy of Reach Commercial Real Estate. Contact:

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