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    Multifamily Property with Rental Upside Title is generated by Realmo AI

    426 Dummitt Avenue, Titusville, FL 32796

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    Fully occupied multifamily property with potential for increased rental income.

    Type:Special Purpose
    Added:
    Feb 27, 2024
    Days on Market:
    836
    Last Refresh:
    May 12 at 9:44 pm

    Property Features for 426 Dummitt Avenue

    General Information

    Standard status
    Active
    Property subtype
    Special Purpose

    Building Details

    Year Built
    1930

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    Listing Contact
    Stanley Rosen

    Listing agent Stanley Rosen License #681734

    Listing office The Keyes Company

    Listing date Feb 27, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company

    HighLights

    • Opportunity to double rents after renovating units.
    • Fully occupied property provides immediate income.
    • New roof installed in 2023.
    • Tenants will pay market value rent after renovation.
    • Current total rent income of $3395 per month.
    • Low maintenance expenses (water, electricity, lawn).

    Overview

    This multifamily property presents an opportunity to potentially double rents after renovating units. The property is currently fully occupied. A new roof was installed in 2023. The unit breakdown and current monthly rents are as follows: Unit A is a 1-bedroom, 1-bathroom unit renting for $650; Unit B is a 2-bedroom, 1-bathroom unit renting for $650; Unit C is a 1-bedroom, 1-bathroom unit renting for $650; Unit D is a 1-bedroom, 1-bathroom unit renting for $795; and Unit E is a 1-bedroom, 1-bathroom unit renting for $650. The total monthly rental income is $3395. Monthly expenses include $210 for water, $85 for electricity, and $30 for lawn maintenance. The property is located in Titusville, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Titusville
    County
    Brevard
    State
    Florida
    Longitude
    -80.8112972
    Latitude
    28.6107228

    FAQs

    What type of property is this?
    Apartment building - Fully occupied multifamily property with potential for increased rental income.
    Where is this apartment building located?
    The property is located at 426 Dummitt Avenue Titusville, FL.
    What is the asking price?
    The asking price for this property is $479,888.
    What are key features of this property?
    This property features: Opportunity to double rents after renovating units.; Fully occupied property provides immediate income.; New roof installed in 2023.
    (954) 389-3459 Call to check price and availability
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