2325 Shenandoah Road Northeast Palm Bay, FL 32905
Don’t miss out on this well maintained, tenant occupied duplex in Palm Bay. This concrete block, multi family property consists of (2) 2 bedroom, 1 bathroom units, both currently rented for $800 & $825 per month. Close to schools, dining, shopping, and just two miles from the Melbourne Causeway, the location is ideal, offering quick and easy access to Melbourne Beach and A1A. Market rent for the area is $925-$950 which would bring your APY near 10%. With some cosmetic updates, income could be even higher.
Square Feet: 1,614
Bedrooms: 4 |Bathrooms: 2
Year Built: 1958
Const. Type: Concrete Block
Available on 12.09.2020
Don’t let this excellent opportunity pass you by! Get it yours now!
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The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement