Cocoa, FL Apartment Buildings for Sale

3 properties available.
6 photos

1610 Fern Street

Cocoa, FL 32922

Multi-Family

$169,5001,792 SF

6 COTTAGE HOMES $3275.00 PER MO ALL CURRENTLY RENTED ! EACH HAS 2 BED 1 BATH TENANTS PAY UTILITIES AND SMALL REPAIRS RENTS RANGE $475-$600 INCLUDES TAX #2423897,2423896,2423898

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802-806 Forrest Ave

Cocoa, FL 32922

Multi-Family

$345,0004,800 SF

Wow! What a wonderful opportunity. This listing includes two commercial buildings & two residential units. All properties are well-maintained and are currently rented! Located on busy Forrest Avenue near the downtown Cocoa area and one block from the Indian River. 802 Forrest has an upstairs & a downstairs rental unit, both have washer/dryer, together the square footage is 1600. 804 currently houses a hair salon and 806 is being used as a worship center with a total square footage of 4,800. Total monthly income is $3,115, for an annual income of $37,380! Total annual expenses are $8,340, including property taxes, for an annual net income of $28,960, producing a cap rate of 8.4%. Owner retiring. LREA is related to owner.

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9-11 Carmalt/410-412 Snyder

Cocoa, FL 32922

Multi-Family

$295,0002,800 SF

OPPORTUNITY KNOCKS!! Two well-maintained duplexes (4 units), fully rented with common laundry area. Units produce an annual gross income of $30,360 minus minimal operating expenses of $6,744, which includes property taxes, providing a cap rate of 8%. The duplexes are surrounded by beautiful oak trees! Quaint and quiet, one block from the Indian river, Forrest Ave, close to Hwy 520, and Downtown Cocoa. Perfect area for your tenants to go biking, jogging, or walk to dinner in the Village, and then walk dinner off on the way back!! Drive by is OK- PLEASE do not disturb the tenants. Owner is related to LREA.

Cocoa, FL Apartment Buildings for Sale

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