221 Madison AVE Active

Cape Canaveral,FL 32920

$ 1400000

12 Beds

6 Baths

5080 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,080 sqft

Price per Sqft $275

Subdivision Avon By The Sea

MLS Listing ID 1043737

Bedrooms 12

Full Baths 6

Year Built 1964

Annual Tax Amount $9,509

Tax Year 2024

Lot Size 0.380 Acres

Property Sub-Type Multi Family

Property Description

RARE OPPORTUNITY 3 BLOCKS TO THE BEACH! A 7-UNIT INVESTMENT PROPERTY! This gem of a property is currently fully occupied with wonderful tenants! A well-maintained multi-family income producing property with each unit having an open floor plan, all tile flooring, all new updated baths, newer kitchens, and every unit is super clean! Peace of mind with a brand-new roof over the entire building, and all cast iron plumbing has been replaced throughout all units! Plenty of parking and storage areas for each unit and there's an on-site coin operated laundry that generates extra income! Location, location, location makes these easy rentals w/no HOA plus only a 5-minute walk to a beach crosswalk, Port Canaveral is a short bike ride away, KSC is only a 20-minute drive, and MCO & theme parks a 35-minute drive! Plenty of shopping & restaurants within walking distance! Collect rents now and bank the land & property for a future project!

Location

State FL

County Brevard

Area 271 - Cape Canaveral

Interior

Heating Other,Individual

Cooling Wall/Window Unit(s)

Flooring Tile

Laundry Common Area

Exterior

Exterior Feature ExteriorFeatures

Parking Features Additional Parking,Assigned,Carport,Varies by Unit

Utilities Available Cable Available,Electricity Connected,Sewer Connected,Water Connected,Separate Electric Meters

Roof Type Shingle

Building

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Cape View

High Schools Cocoa Beach

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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