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108 Lincoln Avenue, Melbourne, FL 32901

Multi-Family Home For Sale

108 Lincoln Avenue, Melbourne, FL 32901 House For Sale - MLS #B769556
Off the Market
$229,999
Multi-Family
2 Family
This listing is courtesy of Bhhs Florida Realty

Property Description for 108 Lincoln Avenue, Melbourne, FL 32901

Price Reduction! Beautifully updated Duplex in the heart of Downtown Melbourne. SS appliances in each unit. GE Monogram refrigerator along with matching stainless steel GE appliances in unit 106; Glass-top convection oven range with matching stainless steel appliances in unit 108; both units include new solid wood cabinets with soft closure cabinet doors.Both units are currently leased. Each unit is 2bedroom/1 bath and each has its own private backyard and screened room. Each unit has off-street parking. Great investment in a much-desired area.Annual Gross Income: 24,900 Annual Net Income: 18,952.69 Annual Oper Expenses: 5,947.31 If you are looking for a solid investment, with a 7.58% Net-ROI, don't miss this one. Call, today.

Interior Details

1,869 sq. ft.
$123.06/sq. ft.
Built-in Microwave; Electric Range; Refrigerator

Exterior Details

0.25 acres
10,890 sq. ft.
1 Space Per Unit; Assigned
2
Concrete Block

Other Details

B769556
1973
Cable Available; City Water; Sewer
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Monthly Mortgage Payments

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$1,455

Town Description

The City of Melbourne is located on east central Florida's Space Coast. Melbourne is about an hour's drive south of the Kennedy Space Center, and 1-1/2 hours due east of Disney World. The City is in...

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