Merritt Island Rental
Merritt Island, FL 32952
Bedrooms: 3 Bathrooms: 2 SQFT: 852
Year: 1958 ARV: $155,000
Extremely well taken care of concrete block rental in Merritt Island. Terrazzo floors, a 10 year old roof, 3 bedrooms, 1 bathroom, and 852 square feet of living space are just some of the features for this amazing investment home in Brevard County. This one may need paint when the current tenant moves out in order to get it rent ready again. In the laundry room situated in the carport, there is another full bath with sink, commode, and single stall shower all connected to the existing electric and plumbing so getting this bathroom permitted and added should be a breeze. Estimated rent of this property as a 3 bedroom, 1 bathroom is $1,250 / month so adding a permitted bath should definitely increase that figure and undoubtedly, your returns. Currently there is a tenant in place that will be moving out the first week of January, so expect the property to be vacant at closing. Houses in this area are selling fast and for a lot more than they did nine months to a year ago (See Below) so call us right away to get more information regarding this pristine investment home.
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