658 Young Street, Melbourne, FL 32935
- $600,000
- 4
- BD
- 4
- BA
- 3,144
- SqFt
- List Price
- $600,000
- Price Change
- ▼ $25,000 1789005612
- MLS#
- 1076310
- Type
- Multifamily
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 3,144
- Lot Size
- 4,792
- Subdivision
- Snells S/D Of Lot 25 Houstons Add To Eau Gallie
- Year Built
- 1926
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 all 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.
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Additional Information
- Appliances
- Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked, Other
- Exterior Construction
- Frame, Stucco
- Roof
- Shingle
- Middle School
- Johnson
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Gas Meters
- Fireplace
- Yes
- Floor
- Laminate
- Heating
- Varies by Unit, Individual
- Cooling
- Multi Units, Split System, Ductless
Listing courtesy of Space Coast Realty & Inv. LLC.