658 Young Street, Melbourne, FL 32935
- $625,000
- 4
- BD
- 4
- BA
- 3,144
- SqFt
- List Price
- $625,000
- MLS#
- 1076310
- Status
- ACTIVE
- Type
- Multifamily
- County
- Brevard
- City
- Melbourne
- Area
- Eau Gallie
- Subdivision
- Snells S/D Of Lot 25 Houstons Add To Eau Gallie
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 3,144
- Total Square Feet
- 4,792
- Acres
- 0.11
- Year Built
- 1926
- Days on Market
- 90
Property Description
Outstanding investment opportunity in the Eau Gallie Arts District! This restored historic multifamily is an ideal portfolio addition for the astute buyer. All four units are 1BR/1BA with spacious living and dining areas, full kitchens, and a bonus room perfect for an office or creative space. Each unit includes two ductless wall-mounted mini-split systems, and two units feature stackable washer/dryers. Just steps from the Eau Gallie Marina and walking distance to shops, restaurants, and nightlife, with quick access to US-1 and the beach. Upgrades include new plumbing, some new electrical, tankless water heaters, impact windows in most areas, 2022 roof, and remodeled interiors that preserve historic charm. With high rental demand in this district, this turnkey property offers strong income potential and long-term appreciation.
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Additional Information
- Tax Year
- 2025
- Tax Amount
- $7,093
- Exterior Features
- Balcony
- Location Description
- Historic Area
- Equipment And Appliances
- Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked, Other
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Gas Meters
- Exterior Finish
- Block, Concrete, Stucco
- Construction
- Block, Concrete, Stucco
- Roof
- Shingle
- Floor
- Laminate
- Parking
- Assigned, Guest, Parking Lot, Shared Driveway, Other
- Parking Spaces
- 8
- Fireplace
- Yes
- Middle School
- Johnson
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Listing courtesy of Space Coast Realty & Inv. LLC.