621 Peachtree Street, Cocoa, FL 32922 | MLS 750488 | Listing Information | BHHS Florida Realty

621 Peachtree Street,  Cocoa FL, 32922

8,980 sqft
Status: Sold
MLS#: 750488
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888.534.1116
relopro@bhhsfloridarealty.com
Last Updated: 12/4/2016 11:51 AM
Description for 621 Peachtree Street Cocoa, FL 32922
Great opportunity to own 15 rental units for under $24,000 per unit! Assuming 10% vacancy rate and 45% expense load this property has a 11.7 CAP Rate! Apartment Building has 12 1 bedroom 1 bath units plus 1 2 bedroom 1 bath units. There are 2, 2 bedroom 1 bath Single Family Houses on the property as well as a storage building that could be converted to another unit.
Price
Sold Price:
$330,000
Sold Date:05/25/2016
Edwards Resubd Of Hendrys Addn To Cocoa
Brevard
8,980 (approx)
750488
Closed
Description
Great opportunity to own 15 rental units for under $24,000 per unit! Assuming 10% vacancy rate and 45% expense load this property has a 11.7 CAP Rate! Apartment Building has 12 1 bedroom 1 bath units plus 1 2 bedroom 1 bath units. There are 2, 2 bedroom 1 bath Single Family Houses on the property as well as a storage building that could be converted to another unit.
Listing Information
Property Type: Other
1.13 Acres 8,980 (approx) 1930
Edwards Resubd Of Hendrys Addn To Cocoa
Public Water Service
Telephone
Neighborhood
Room Information
Interior Features
Electric
Electric Heating
Exterior / Lot Features
3 Parking Spaces,
None
PS
In City
Driving Directions
West on Peachtree St. from U.S. 1 to property.
Financial Considerations
24-36-33-29-00003.0-0004.A0
$7,381
2015
Market Trends and Price History
Listing Price History

Cocoa Real Estate

Cocoa is located in Florida. Cocoa, Florida 32922 has a population of 17,254.

The median household income in Cocoa, Florida 32922 is $32,979. The median household income for the surrounding county is $49,099 compared to the national median of $53,046. The median age of people living in Cocoa 32922 is 40.1 years.

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Courtesy: Coldwell Banker Paradise
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Brevard County, Florida. Real estate listings held by brokerage firms other than the owner of this site are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Copyright 2016 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved.
Information is deemed reliable but is not guaranteed.

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