Well maintained quadplex in Palm Bay offering solid, steady income with additional upside. The property consists of four two bedroom, one bathroom units, with efficient layouts that have proven consistent rental demand. The units are individually metered and easy to manage, making this an attractive small multifamily asset.A massive car garage (960sqft) or workshop onsite is currently used for storage and provides supplemental income, with flexibility for future use subject to buyer due diligence. Large parking lot provides plent of spaces for tenants. The property has been actively managed and offers opportunities to improve performance over time without requiring immediate capital investment.This is a practical acquisition for buyers seeking a true four unit property with strong fundamentals, predictable operations, and long term value creation potential. Financials available upon request. Showings by appointment only. Do not disturb tenants.
Listed By
Agency Name: RE/MAX Solutions
Agency Phone: 321-766-5674
Shown By
Agent Name: Tiffany Matics-Machusak
Agent Phone: (304) 545-7827
Agency Title: Watson Realty Corp., REALTORS ®
Estimated Payment
$ 3,323.98 per month $3,134.40 Principal & Interest $0.00 Property Tax (data not provided by mls) $189.58 Homeowner's InsuranceSend an email with a link to
2612 Tree Ridge Lane Ne, Palm Bay, FL 32905.
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2612 Tree Ridge Lane Ne, Palm Bay, FL 32905.
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2612 Tree Ridge Lane Ne | MLS# 1068168
This multi-family property located at 2612 Tree Ridge Lane Ne, Palm Bay, FL 32905 is currently listed for sale with an asking price of $650,000. Search Palm Bay real estate on tiffanym.watsonrealtycorp.com today.