Property Description
PRIME LOCATION! Sarno & US1 Investment Opportunity 🌴Run your business and live here, or generate immediate passive income! Located in the heart of Melbourne, this flexible residential/professional property gives you endless options on a budget. Income Potential: Studio Aptartment: Market rent at $925/month and the 2-Bedroom: Currently occupied at $1400/month Total Gross: $2,325/month ($27,900/year) Endless Possibilities: Live-Work: Operate your small business in the studio and live in the 2-bedroom. Short-Term Rentals: Convert into two lucrative Airbnb/vacation suites. Full Business/Residence: Open it up for a commercial enterprise/retail/real estate/spa suite or a single-family home. We have the space--you have the vision. Lets make it happen! Reach out today to schedule a tour and make your dreams a reality.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Electric, Other
Lot Size: 0.11 Acres
Roof Type: Shingle
Year Built: 1947
Square Feet: 1,166
Feature Descriptions
Equipment/ Appliances Features: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Exterior: Frame, Wood Siding
Flooring: Tile, Vinyl
Parking Notes: Off Street, Unassigned
Road Surface: Asphalt
Sewer: Public Sewer
Utility Features: Cable Available, Electricity Connected, Sewer Connected
Water: Public
Local Schools
High School: Melbourne
Middle School: Hoover
Elementary School: Harbor City
Listed By / Shown By
Listed By
Agency Name: Sunshine Realty Brevard
Agency Phone: 321-412-0245
Shown By
Agent Name: Austin Davies
Agent Phone: (352) 222-5627
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 1,207.87 per month $1,140.81 Principal & Interest $0.00 Property Tax (data not provided by mls) $67.05 Homeowner's InsuranceChange Payment Information
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842 Torrence Lane | MLS# 1078627
This multi-family property located at 842 Torrence Lane, Melbourne, FL 32935 is currently listed for sale with an asking price of $229,900. Search Melbourne real estate on adavies.watsonrealtycorp.com today.