1. Florida
  2. Melbourne
  3. 620 E New Haven Avenue
$1,750,000

620 E New Haven Avenue, Melbourne, FL 32901

  • 7 baths |
  • 4,443 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $394/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Active
Date Added:
January 8, 2025 at 06:00AM
Listing Office:
Reach Commercial Real Estate : 321-300-4773
Listing Agent:
Cassandra Hartford : 321-300-4773
MLS ID:
1033567
  • A/C: Varies by Unit
  • Heating: Varies by Unit

This listing courtesy of Cassandra Hartford, Reach Commercial Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

U

University Park Elementary School

500 W University Blvd, Melbourne, FL, 32901

Grades PK-6

1.57 miles away

S

Stone Magnet Middle School

1101 E University Blvd, Melbourne, FL, 32901

Grades 7-8

1.19 miles away

M

Melbourne High School

74 Bulldog Blvd, Melbourne, FL, 32901

Grades 9-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.