2005 Carlton Drive ,Apartments for Sale & Rent

2005 Carlton Drive for Sale & Rent

Price $950,000.00

  • Lot size 20908
  • Year Build
  • Waterfront
  • Zip 332935
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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Description

6+% Cap rate. Fully rented and stabilized 6 plex providing a great return. All tenants have been screened and have made timely payments. Owner has not missed one payment since taking ownership of the property. Proof of rent payments can be made available upon request. Unit mix consists of (3) 1 bedroom + 1 bath lofts (Second floor loft can be used as a second bedroom) and (3) 1 bedroom + 1 bath. Half of the units have been renovated, the other half require some renovation if the new owner wishes to increase rent.

Current monthly income of $7,050 - $1,432 in expenses leaves you an NOI of $67,416 per year. 6.13% cap rate. Showings only during the inspection period once an offer has been accepted. PLEASE DO NOT DISTURB TENANTS

6+% Cap rate. Fully rented and stabilized 6 plex providing a great return. All tenants have been screened and have made timely payments. Owner has not missed one payment since taking ownership of the property. Proof of rent payments can be made available upon request. Unit mix consists of (3) 1 bedroom + 1 bath lofts (Second floor loft can be used as a second bedroom) and (3) 1 bedroom + 1 bath. Half of the units have been renovated, the other half require some renovation if the new owner wishes to increase rent.

City:Melbourne,List A O R:A-Miami Association of REALTORS,Latitude:28.1369529,List Price:950000,Listing Id:A11233887,Longitude:-80.654238,Mls Status:Active,Postal Code:332935,Street Name:Carlton Drive,Coordinates:1:28.1369529,Photos Count:2,Days On Market:155,Lot Size Units:Square Feet,On Market Date:2022-07-06,Property Type:Commercial Sale,Street Number:2005,Public Remarks:6+% Cap rate. Fully rented and stabilized 6 plex providing a great return. All tenants have been screened and have made timely payments. Owner has not missed one payment since taking ownership of the property. Proof of rent payments can be made available upon request. Unit mix consists of (3) 1 bedroom + 1 bath lofts (Second floor loft can be used as a second bedroom) and (3) 1 bedroom + 1 bath. Half of the units have been renovated, the other half require some renovation if the new owner wishes to increase rent.,County Or Parish:Brevard County,Expiration Date:2023-07-31,List Office Name:Cervera Real Estate Inc.,Private Remarks:Current monthly income of $7,050 - $1,432 in expenses leaves you an NOI of $67,416 per year. 6.13% cap rate. Showings only during the inspection period once an offer has been accepted. PLEASE DO NOT DISTURB TENANTS,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Property Sub Type:Income/MultiFamily,State Or Province:FL,Unparsed Address:2005 Carlton Drive, Melbourne FL 332935,Listing Agreement:Exclusive Right To Sell,Building Area Total:20908,Building Area Units:Square Feet,Lot Size Square Feet:20908,Number Of Buildings:2,Original List Price:1100000,Previous List Price:1100000,I D X Participation Y N:1,Syndication Remarks:6+% Cap rate. Fully rented and stabilized 6 plex providing a great return. All tenants have been screened and have made timely payments. Owner has not missed one payment since taking ownership of the property. Proof of rent payments can be made available upon request. Unit mix consists of (3) 1 bedroom + 1 bath lofts (Second floor loft can be used as a second bedroom) and (3) 1 bedroom + 1 bath. Half of the units have been renovated, the other half require some renovation if the new owner wishes to increase rent.,Listing Contract Date:2022-07-06,Originating System I D:miamire,Street Number Numeric:2005,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,Contract Status Change Date:2022-07-06,Internet Address Display Y N:1,Number Of Units In Community:6,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $950,000.00
  • Price Change: 2022-12-08
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2022-12-08
  • Days on Market 212
  • Furnished
  • City Melbourne
  • Zip 332935
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes
  • Taxes Year