Judy Bissell
VP, Managing Broker
REALTOR®, CRP, GMS, GRP Global Relocation Professional, Gold Key Certification, LeadingRE Certified Leader, LeadingRE Marketing Specialist, LeadingRE Relocation Specialist, LeadingRE Sales Specialist, LeadingRE Service Expert, REALTOR®, U.S. Military on the Move Certified Military Specialist
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Separate Meters
Garage: 4
Heating: Separate Meters
Lot Size: 0.47 Acres
Roof Type: Shingle
Year Built: 1984
Square Feet: 3,480
Amenities
Balcony
Feature Descriptions
Days on Site: 47
Equipment/ Appliances Features: Dishwasher, Electric Range, Refrigerator, Washer/Dryer Stacked
Exterior: Frame
Flooring: Laminate
Lot: Corner Lot
Parking Notes: Garage, Off Street, Parking Lot, Unassigned
Road Surface: Asphalt
Sewer: Public Sewer
Utility Features: Cable Not Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters
Water: Public
Local Schools
High School: Palm Bay
Middle School: Stone
Elementary School: Riviera
Listed By / Shown By
Listed By
Agency Name: RE/MAX Solutions
Agency Phone: 321-766-5674
Shown By
Agent Name: Judy Bissell
Agent Phone: (407) 221-0816
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
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 InsuranceChange Payment Information
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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 judybissell.watsonrealtycorp.com today.