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2111 Tree Ridge Lane, Palm Bay, FL 32905

$147,525

  • Sold
  • Closed
  • Multi-Family
  • 0.43 Acres
2111 Tree Ridge Lane, Palm Bay, FL 32905 View this property at 2111 Tree Ridge Lane, Palm Bay, FL 32905
2111 Tree Ridge Lane Palm Bay FL 32905

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Property Description

This is an Investor special! The top two units are rented with the bottom two units needing extensive remodels. Building suffered no Hurricane Irma damage. Potential gross income with 4 units rented is $33,600 with a net of $26,700 . The property is conveniently located close to shopping and restaurants. Don't miss out on the opportunity to build your rental portfolio with a little sweat equity.

Full Property Details for 2111 Tree Ridge Lane

  • Sold For: $147,525
  • Taxes: $2,428 (2016)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 793685
  • Added: 89 day(s) ago

Property History

  • 2111 Tree Ridge Lane, Palm Bay, FL
  • Sold at $147,525 on 9/29/17
  • Listed at $149,900 on 9/14/17

Rental Information

  • Rent Includes: Lawn/Land Mntnce, RE Taxes

Interior

  • Appliances: Dishwasher, Electric Range
  • Flooring: Laminate, Other - Call Agent

Parking

  • Parking Features: Open Parking

Location

  • Area: 340 - NE Palm Bay
  • County: Brevard
  • Driving Directions: Palm Bay road to Babcock make a Right to Dawn make a Right to Forest Knoll make a left to Tree Ridge Ln make a Left.

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Utilities

  • Utility Description: City Water, Sewer

Structural Information

  • # Buildings: 1 Building
  • Architectural Style: Two-Story, Quadplex
  • Construction: Frame - Wood
  • Exterior Const.: Siding - Vinyl
  • Roof: Shingle - Asphalt
  • Square Feet: 4,256
  • Living Area: 4,256 Sq. Ft.
  • Year Built: 1988

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size (Acres): 0.43
  • Lot Size (Sq. Ft.): 18,731
  • Zoning: Multi-Family
  • Lot Description: City, Paved Street

Financial Considerations

  • Price Per Sq. Ft.: $35.22
  • Expenses: Lawn-Landscape Mnt, RE Taxes
  • Tax Amount: $2,428.31
  • Tax Year: 2016

Disclosures and Reports

  • Legal Description: PINEHURST LOT 6 BLK B
  • APN: 28-37-28-01-0000b.0-0006.00

Listed by Select Realty of Florida LLC

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2111 Tree Ridge Lane, Palm Bay, FL 32905 (MLS# 793685) is a Multi-Family property that was sold at $147,525 on September 29, 2017. Want to learn more about 2111 Tree Ridge Lane? Do you have questions about finding other Multi-Family real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.

Listed by Select Realty of Florida LLC

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