658 Young Street, Melbourne, FL 32935

$625,000
4
BD
4
BA
3,144
SqFt

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List Price
$625,000
MLS#
1076310
Bedrooms
4
Bathrooms
4
Sq. Ft
3,144
Lot Size
4,792
Subtype
Quadruplex
County
Brevard
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 two 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.

Additional Information

Construction
Block, Concrete, Stucco
Cooling
Multi Units, Split System, Ductless
Heating
Varies by Unit, Individual
Lot Description
Historic Area
Parking
Assigned, Guest, Parking Lot, Shared Driveway, Other
Roof
Shingle
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Gas Meters
Acres
0.11
Price Per Sqft
$198

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Calculator source: Real Geeks

Listing courtesy of Space Coast Realty & Inv. LLC. Contact: