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The Barnett Group, Inc.
2410 Myrtle Avenue, Mims, FL 32754
- $250,000
- 4
- BD
- 2
- BA
- 1,500
- SqFt
- List Price
- $250,000
- Status
- Active
- MLS#
- O6443480
- Property Type
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,500
- Lot Size
- 10,454
- Region
- Mims
- Area
- 1500
- County
- Brevard
- Acres
- 0.24
- Year Built
- 1960
Property Description
Rare investment opportunity in Mims. This side-by-side duplex has been continuously rented for 30 years, an exceptional track record of tenant demand and cash flow stability. Both units offer a 2-bedroom, 1-bathroom layout across approximately 1,500 square feet combined. Both are under year-long leases generating $2,200 in combined monthly rent, or approximately $21,400 in net annual income, an 8.5% cap rate. Listed at $250,000. Roof replaced in 2013. AC system replaced in 2017. A turnkey opportunity for an investor seeking proven cash flow with minimal vacancy risk.
Additional Information
- Roof
- Shingle
- Land Type
- No Deed Restriction
- Appliances
- Dryer, Range, Refrigerator, Washer
- Zoning
- RU19
- Lot Size
- 10,454
- Construction
- Block
- Year Built
- 1960
- Sewer
- Septic Needed
- Heating
- Central, Electric
- Subdivision
- Puryear Ward Mims
- Living Area
- 1,500
- Style
- One Story
Listing courtesy of KELLER WILLIAMS ADVANTAGE REALTY. murraycoleman@kw.com
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