Income Producing Property near Downtown Melbourne. Welcome to 2581 Spence Dr, a rare and versatile multi unit property offering immediate income and long term upside. This unique compound style residence is occupied and currently generating rental income, making it an ideal opportunity for investors seeking a stabilized asset in a growing market. The property features a main home with 2 bedrooms, 1 bathroom, and a garage, complemented by five additional rental units that allow for diversified income streams. These include: Unit A: Studio, Unit B: Studio, Unit C: 1-bedroom unit, Unit D: Efficiency unit with a loft, Unit E: Efficiency. Tenants enjoy shared amenities including a central courtyard that creates a welcoming community feel, as well as a dedicated laundry area for added convenience. Major improvements have already been completed, offering peace of mind to the next owner. The property has a newer roof and fencing.
Property Features
Utilities
Electricity Connected
Sewer Connected
Water Connected
Parking
Additional Parking
Garage
Off Street
Cooling Information
Central Air
Wall/Window Unit(s)
Heating Information
Central
Water Features
Public
School Information
School Information for 2581 Spence NE Drive, Palm Bay, FL 32905
Elementary School
Palm Bay Elem
Middle School
Stone
High School
Palm Bay
Listing Courtesy: Blue Marlin Real Estate - 321-877-2902