$199,900
SOLD DEC 3, 2020
-- Bed
-- Bath
1,760 Sq Ft
0.31 Acres

Recently Sold

$114 Per Sq Ft

1 Day on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wood Siding
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of December 2020

Are you looking for a fantastic return on investment? Rental potential of over $30,000 a year this completely updated multi-family property features 3 single family homes, each home has 2 bedrooms and 1 bathroom with a large patio or deck and private laundry hookup. Property has a fenced yard and plenty of land for your tenants comfort. All 3 homes have had a complete renovation inside and roofs were all replaced a few years ago. Tenants pay all utilities and are responsible for lawn care. Conveniently located near 520 and 95 for a quick drive to Viera & Orlando shopping and attractions and only minutes to Florida's most beautiful beaches. Rents continue to rise in this area giving this investment even more potential! Owners are licensed RE Brokers.

Last Agent to Sell the Property

Jeffrey Scarincio

River Breeze Real Estate License #3087247 Listed on: 10/20/2020

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.31 Acre Lot
  • Street terminates at a dead end

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Additional Parking

Schools

  • Saturn Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Septic Tank

Listing and Financial Details

  • The owner pays for insurance, taxes, trash collection

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $2,992
  • Gross Income $29,820
  • Net Operating Income $26,828

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: pitt0
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Elementary School: Saturn
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1760.0
  • General Property Information Building Area Total3: 1792.0
  • General Property Information Lot Size Acres: 0.31
  • General Property Information Lot Size Square Feet2: 13504.0
  • General Property Information Waterfront YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 29820.0
  • Income And Expenses Operating Expense: 2992.0
  • Cooling WallWindow Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Electric Range, Microwave, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.31
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking
  • Total Parking Spaces: 6.0
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Utilities: Electricity Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 1234567
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Taxes, Trash Collection

Tax Info

  • Tax Year: 2019

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 2992.0
  • Income And Expenses Net Operating Income: 26828.0

MLS Schools

  • Elementary School: Saturn
  • High School: Cocoa

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Off Market $795 -- --
05/01/2024 05/01/24 Rented $1,000 -4.8% --
04/24/2024 04/24/24 Under Contract -- -- --
04/11/2024 04/11/24 For Rent $1,050 0.0% --
03/31/2023 03/31/23 Rented $1,050 0.0% --
03/01/2023 03/01/23 Under Contract -- -- --
02/24/2023 02/24/23 For Rent $1,050 0.0% --
12/03/2020 12/03/20 Sold $199,900 0.0% $114 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $199,900 0.0% $114 / Sq Ft
12/23/2019 12/23/19 Rented $795 0.0% --
11/22/2019 11/22/19 Price Changed $795 -11.2% $1 / Sq Ft
11/14/2019 11/14/19 For Rent $895 +12.6% --
07/11/2018 07/11/18 Rented $795 -11.2% --
06/11/2018 06/11/18 Under Contract -- -- --
05/14/2018 05/14/18 For Rent $895 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 888138

Space Coast MLS (Space Coast Association of REALTORS®)