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+13213412798
Team Brevard Realty Group
2410 Myrtle Avenue, Mims, FL 32754
- $250,000
- 4
- BD
- 2
- BA
- 1,500
- SqFt
- List Price
- $250,000
- MLS#
- 1088248
- Status
- ACTIVE
- Type
- Multifamily
- County
- Brevard
- City
- Mims
- Area
- Mims/Tville SR46
- Subdivision
- Puryear Ward Plat Of Mims
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,500
- Total Square Feet
- 10,454
- Acres
- 0.24
- Year Built
- 1960
- Days on Market
- 17
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
- Tax Year
- 2025
- Tax Amount
- $2,515
- Location Description
- Corner Lot
- Equipment And Appliances
- Electric Range, Refrigerator
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Exterior Finish
- Block
- Construction
- Block
- Roof
- Shingle
- Elementary School
- Mims
- Middle School
- Madison
- High School
- Astronaut
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Listing courtesy of Keller Williams Advantage Rlty.