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SOLD! INCOME PRODUCING FOR SALE! 1172 Jasmine St, Melbourne, FL 32935

Listing ID: 958430

 Sold AS IS! This quad in the Eau Gallie area with easy access to US 1, downtown Eau Gallie, beaches, and I95 has great potential and needs some TLC, but it's solid with a re-roof done on 7/2017 and exterior painted in 2019, as well as the soffit & facia redone in vinyl & aluminum in 2019. Currently all units are rented with mo-to-month tenants. All units are 1 bedroom, 1 bath with all of them having different layouts and conditions. One unit has central AC; the others have window units. End units have tankless water heaters. One unit has carpeting; the others have vinyl. Extra space being a corner lot with a very rectangular backyard and mature trees. Call today!

958430 SOLD Income           
              1172 Jasmine St 1172/1172b/1174/1176, Melbourne, FL 32935                                                     
$367,900
Area: 323 - Eau Gallie
Subd/Condo:
Property Type:
Quadplex
# of Units: 4
Waterfront: No
Waterfront Type:
Lot Dimensions:
Acreage: 0.43
Lot SqFt: 18,731
SqFt - Total:
2,080
SqFt - Living:
2,080
Measurements From: Tax Rolls
Property Use: Quad
Year Built: 1940
Fixer Upper: No
Close Date:
 
Active Date: 03/03/2023
County: Brevard
General County Loc: South
Buildings:
1 Building
Garage:
Carport:
Parking Spaces:
Open Parking Spaces:
6
Split Bedroom:
No
List Price/SqFt:
$192.31
Home Warranty:
No
Pool - Private: No
Pool - Community: No
Property Status: Standard
Use Code: 08 / TRIPLEX
Sold-As-Is:
Yes
Narrative: Sold AS IS! This quad in the Eau Gallie area with easy access to US 1, downtown Eau Gallie, beaches, and I95 has great potential and needs some TLC, but it's solid with a re-roof done on 7/2017 and exterior painted in 2019, as well as the soffit & facia redone in vinyl & aluminum in 2019. Currently all units are rented with mo-to-month tenants. All units are 1 bedroom, 1 bath with all of them having different layouts and conditions. One unit has central AC; the others have window units. End units have tankless water heaters. One unit has carpeting; the others have vinyl. Extra space being a corner lot with a very rectangular backyard and mature trees. Call today!
Annual Gross Income: 30,480
Annual Net Income:
Annual Oper Expenses: 12,000
Annual Other Income:

Unit Bed Bath Rent Range SqFt Furnished Leased Rem.
1172 1 1 640 Unfurnished mo-to-mo sec 400; tankless wh
1172b 1 1 620 Unfurnished mo-to-mo sec 600
1174 1 1 640 Unfurnished mo-to-mo sec 600
1176 1 1 640 Unfurnished mo-to-mo sec 550; tankless wh
FEATURES

Exterior Finish: Painted

Lot Description: Paved Street

Utilities: City Water; Electricity Connected; Sep Elect Meter(s); Sewer Connected; Telephone Cooling: Central Air; Wall - Window

Equipment/Appliances: Electric Range; Refrigerator

Roof: Shingle - Asphalt
Floor: Carpet; Vinyl
Source: Owner Provided
Showing: Appointment Required; Tenant Occupied; Use Showingtime
Possession: Closing; Subject to Lease
Elementary School: Croton
Middle School: Johnson
High School: Eau Gallie
Parking: > 1 Space Per Unit; Open Parking
Site Location: Near Railroad; Paved Street
Style: One Story
Construction: Concrete Block
Rent Includes: Lawn/Land Mntnce; RE Taxes; Water
55+ Community:
No
Gated Community:
No
Expenses Include: Lawn-Landscape Mnt; RE Taxes; Water-Sewer
Possible Financing: Cash; Conventional
Measurements From:
Tax Rolls
View MLS

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