837 Hickory Street, Melbourne, FL 32901
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Priced at Only: $1,800,000
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Address: 837 Hickory Street, Melbourne, FL 32901
Property Location and Similar Properties
- MLS#: R11161626 ( Residential )
- Street Address: 837 Hickory Street
- Viewed: 1
- Price: $1,800,000
- Price sqft: $327
- Waterfront: No
- Year Built: 1979
- Bldg sqft: 5500
- Bedrooms: 8
- Total Baths: 8
- Full Baths: 8
- Additional Information
- Geolocation: 28 / -81
- County: Brevard
- City: Melbourne
- Zipcode: 32901
- Subdivision: Riverside Drive
- Provided by: Nex Gen Realty & Property Mgnt
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DescriptionTurnkey 8 Unit Multifamily Investment Prime Melbourne, FL Location 5% CAP Discover a high performing 8 unit multifamily CBS building offering stable income and modern upgrades in a strong Space Coast rental market. Each unit is a 1 bed / 1 bath layout with updated interiors and a consistent rental history. With 5,500 SF of rentable area on 0.36 acre, this property provides an ideal balance of density, parking convenience, and long term tenant retention. The property features a new metal roof (2020), electrical panels, appliances, HVAC, resurfaced/striped parking lot, and freshly painted.
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Building and Construction
- Roof: Metal
Garage and Parking
- Parking Features: Guest
Eco-Communities
- Water Source: Public
Utilities
- Cooling: Central Air
- Electric: Three Phase
- Heating: Other
- Pets Allowed: Pet Restrictions Possible, Yes
- Utilities: Water Available, None
Amenities
- Association Amenities: None
Finance and Tax Information
- Tax Year: 2025
Other Features
- Appliances: Electric Water Heater, Dryer, Free-Standing Freezer, Microwave, Refrigerator, Washer, Water Heater
- Furnished: Unfurnished
- Interior Features: None
- Legal Description: RIVERSIDE DRIVE PART OF LOT 56 AS DES IN ORB 848 PG 992 EX ORB 866 PG 928, 1007 PG 978 BLK A
- Parcel Number: 27 3734ep0000a0 56
- Zoning Code: Multifamily
- Natalie Gorse, REALTOR ®
- Tropic Shores Realty
- Office: 352.684.7371
- Mobile: 352.584.7611
- Mobile: 352.799.3239
- nataliegorse352@gmail.com