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
Full Property Details for 2111 Tree Ridge Lane
Sold For: $147,525
Taxes: $2,428 (2016)
MLS ID: 793685
Added: 306 day(s) ago
Rent Includes: Lawn/Land Mntnce, RE Taxes
Appliances: Dishwasher, Electric Range
Flooring: Laminate, Other - Call Agent
Parking Features: Open Parking
Area: 340 - NE Palm Bay
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
Utility Description: City Water, Sewer
# 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
Units in Building: 4
Lot Size (Acres): 0.43
Lot Size (Sq. Ft.): 18,731
Lot Description: City, Paved Street
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
Listed by Select Realty of Florida LLC Sold by Real Estate In the Area LLC
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.
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Lease with a Right to Purchase
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase.