Melbourne, FL 32901 837 Hickory Street
$1,800,000
17 more
Presented By: Nex Gen Realty & Property Mgnt
Baths • 8
SQFT • 5,500
Home Details
Turnkey 8-Unit Multifamily Investment - Prime Melbourne, FL Location 5% CAPDiscover 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.
Presented By: Nex Gen Realty & Property Mgnt
Interior Features for 837 Hickory Street
Other Interior Features
Unit 8: Unit Desc1 Bedroom
Unit 1: Unit Desc1 Bedroom
Unit 2: Unit Desc1 Bedroom
Unit 3: Unit Desc1 Bedroom
Unit 4: Unit Desc1 Bedroom
Unit 5: Unit Desc1 Bedroom
Unit 6: Unit Desc1 Bedroom
Unit 7: Unit Desc1 Bedroom
FlooringTile
Total Number of Units8
General for 837 Hickory Street
Area5940
AuctionNo
Built DescResale
ConstructionCBS, Stucco
CoolingCeiling Fan, Central, Electric
For LeaseNo
Geo AreaOther Geographic Area
Geo Lat28.095655
Geo Lon-80.613333
HeatingCentral, Electric
Legal DescriptionRIVERSIDE DRIVE PART OF LOT 56 AS DES IN ORB 848 PG 992 EX ORB 866 PG 928, 1007 PG 978 BLK A
LocationBeach Area, City, Subdivision
PossessionAt Closing, Funding
Property TypeE
R.E. Taxes10031.00
RoofMetal
SecurityNone
StatusActive
Stories Count2.0
SubdivisionRIVERSIDE DRIVE
Tax Year2024
Tenant PaysElectric, Insurance
Terms ConsideredCash, Conventional, Exchange
Total Expenses33079.00
TypeMultiFamily (5+ Units)
Type of BuildingFree Standing, Resident. Multi-Fam.
UseIncome
UtilitiesCable, Electric, Public Sewer, Public Water
Virtual TourClick here
Year Built1979
ZoningMultifamily
Exterior for 837 Hickory Street
Lot Size0.36
Property DescMulti-Family 8 unit
WaterfrontNo
Additional Details
Price History
Marcello Boss
Realtor® | ABR® | CLP | CIPS
