658 Young Street, Melbourne, FL 32935

$625,000
4
BD
4
BA
3,144
SqFt

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List Price
$625,000
Status
ACTIVE
Days on Market
89
MLS#
1076310
Subtype
Residential Income
Year Built
1926
Bedrooms
4
Bathrooms
4
Full Baths
4
Living Area
3,144
Lot Size
4,792
Acres
0.11
Subdivision
Snells S/D Of Lot 25 Houstons Add To Eau Gallie
MLS Area Major
Eau Gallie

Property Description

Outstanding investment opportunity in the Eau Gallie Arts District! This restored historic multifamily is an ideal portfolio addition for the astute buyer. All four units are 1BR/1BA with spacious living and dining areas, full kitchens, and a bonus room perfect for an office or creative space. Each unit includes two ductless wall-mounted mini-split systems, and two units feature stackable washer/dryers. Just steps from the Eau Gallie Marina and walking distance to shops, restaurants, and nightlife, with quick access to US-1 and the beach. Upgrades include new plumbing, some new electrical, tankless water heaters, impact windows in most areas, 2022 roof, and remodeled interiors that preserve historic charm. With high rental demand in this district, this turnkey property offers strong income potential and long-term appreciation.

Additional Information

Exterior Features
Balcony
Financing
Cash, Conventional, Owner May Carry
Appliances
Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked, Other
Heating
Varies by Unit, Individual
Air Conditioning
Multi Units, Split System, Ductless
Exterior Construction
Block, Concrete, Stucco
Roof
Shingle
Parking
Assigned, Guest, Parking Lot, Shared Driveway, Other
Middle School
Johnson

Listing courtesy of Space Coast Realty & Inv. LLC.

Listing courtesy of Space Coast Realty & Inv. LLC. Contact:

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