Northview Street NE, Palm Bay, FL 32905

Property Status: Available (Wholesale) | For Sale: $255,000.00

9 Bedrooms / 5 Baths / Multiple Family

Property Photos

5-Unit Multi-Family Cash Flow!!

Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $255,000.00
Property Details:
Property Style:
Year Built:
Finished Sq Ft:
No Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
(321) 436-4911

View on Individual's Website
Northview Street NE, Palm Bay, FL 32905 INVESTMENT: $255,000 ARV: $3,000-3,200/month +/- Total Current Rent: $2,800/month Average 1/1 Market Rent: $873/month Average 2/1 Market Rent: $965/month Rehab: $35,000 +/- 9 bedroom / 5 bathroom 2,640 SqFt Built: 1964 Construction: Block HOA: $0 Here is a Multi-Family cash-flow less than a mile from the Indian River and a quick ride to Indialantic Beach. This is one long parcel with five units. There are four 2/1’s and one 1/1. The 2/1’s have been renting for $600/month and the 1/1 was renting for $400/month. However, current rental rates show that the 2/1’s could easily be raised to $650-700/month. Each unit has central A/C which are between 4-5 years old. The 5 units are on individual meters for electrical. The electrical was inspected and had no issues. The roof is about 3 years old. The bathrooms just need minor updating, kitchen appliances are about 5 years old, all 2/1 units have ceramic tile and the 1/1 is tile and concrete. More pics coming and we will have a showing soon. Please call to RSVP if you are interested in seeing the property so we can coordinate the showing with you. CALL 407-668-4396 TODAY to schedule a showing!! We have an equity interest in this property and are selling the contract. All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title. Buyer will be responsible for all closing costs unless otherwise indicated. Foster Algier Broker - Gold Key - G.R.I. FLA Real Estate Services

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Central Florida Realty Investors Association, Inc. is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

Contact Us

Central Florida Realty Investors Association, Inc.

5125 Adanson Street Suite 900
Orlando, FL 32804
(407) 328-7773

Proud Chapter of National REIA

Follow Us

Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.

Disclaimer  (Central Florida Realty Investors Association, Inc.) does not give legal, tax, economic, or investment advice. CFRI disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

Copyright 2019 © Central Florida Realty Investors Association, Inc.  All rights reserved.

This REIA Website is powered by: Real Estate Promo.