Call Jonny at 772-888-6940 2123 Washington St Separate meters Unit A- (2/1) Unit B- (1/1) Unit C- (3/1) Total rent- $2425 2131 Washington St Same meter, Utilities included Unit A- (1/1) Unit B- (2/1) Unit C- (2/1) Efficiency* Total rent- $3425 2139 Washington St Same meter, Utilities Included Unit A - (1/1) Unit B- Efficiency Unit C- (3/1) Efficiency* Total rent- $3150 Vending/laundry- 2k+ annually *Total Yearly- $110k* EXPENSES: Utilities-$5,000 Insurance- $4000 (About 1200 per building yearly) Property taxes- $5000 yearly Yard-1800 Miscellaneous-5000 Total yearly expense-21k Net operating expense: $89,000 Asking-800k Cap rate = 11%+ All 3 buildings are side by side (Huge management advantage) Coin Laundry on site/ vending All 3 buildings have new metal roofs done November 2019 Large parking area Most units are tile throughout and very up to date/renovated Many long term tenants City water & sewage PVC plumbing CBS Hurricane strapped (Insurance deductions $$$) Call Jonny at 772-888-6940
Off market
Zestimate®
$352,600
2139 Washington St NE, Palm Bay, FL 32905
7beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$352,600 Zestimate®
$--/sqft
$1,792 Estimated rent
Owner options
What's special
Sell with ease on Zillow
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$352,600
2% more+$7,052
With Zillow Showcase(estimated)$359,652