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Multi Family - RIVERVIEW HEIGHTS SUB for Sale

2716 RIVERVIEW #A, MELBOURNE, FL 32901

Asking Price$1,100,000

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  • Days on market:

    23 day(s)
  • Original Price:

    $1,100,000
  • Price per sqft:

    $344.4
  • Tax Legal Description:

    RIVERVIEW HEIGHTS SUBD LOTS 1,2 N 20 FT OF LOT 3 EX W 120 FT BLK G
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Parking:

    Common1 to 5 Spaces
  • Construction Type:

    Wood SidingWood Frame
  • Roof:

    ShingleMetal
  • Cooling Description:

    Central AirWall/Window Unit(s)
  • Floor Description:

    Vinyl
  • Special Listing Conditions:

    None
  • Lot Features:

    Historic District

Description

$1,100,000 • living size area 3194 sqft

Prime multifamily investment opportunity in historic downtown melbourne own a piece of iconic florida architecture with stunning indian river views, just minutes from historic downtown melbourne. situated on a half-acre lot, this turn-key investment features five rental units across two buildings, offering a mix of unit sizes to cater to various tenant needs. -5 rental units: two studios, one one-bedroom, and two two-bedrooms. -zoned commercial multi-family residential 2 to 9 units. -strong rent potential: diverse unit types appeal to a range of tenants, ensuring consistent cash flow. -prime location: close to downtown melbourne's shops, dining, and attractions, with easy access to the indian river and local parks. -dual parking areas: two separate parking areas provide ample, parking for tenants. this property offers multifamily investors a turn-key opportunity with income potential and room for expansion. a great balance of location, charm, and growth opportunity.

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