1510 Melady Ave, Sebring, FL

Name: 1510 Melady Ave, For Sale in Sebring - Zoocasa
Brand: RE/MAX REALTY PLUS
SKU: 328625
Price: 289500 USD

House

For Sale

Listed price in listed location currency (USD).

$289,500

420

MLS® 328625

Overview

Key Facts

Type Duplex

Levels Residential

Size 1680 sqft

Garage

Taxes $3,631

Days Active 0

Lot Size 0.25 Acres

Approx. Age 1980

Avg. Price Per Sqft $172

MLS® Number 328625

Property Address: 1510 Melady Ave, Sebring, FL, 33870-4531

Average square foot calculated using Size range provided by listing agent.

Description

Great investment potential! This is an excellent opportunity to acquire a fully rented duplex offering immediate cash flow and an attractive 8.4% cap rate (including operating expenses). With both sides currently leased at $1, 200 per month, the property generates $2, 400 in monthly rental income, making it an appealing addition to any investment portfolio. Each side of the duplex features a functional 2-bedroom, 1-bathroom floor plan, offering the privacy and convenience tenants desire. The property features a durable metal roof along with city water and sewer, providing desirable infrastructure for long-term rental ownership. Conveniently located near shopping, dining, medical facilities, and other everyday amenities, this property offers tenants easy access to the essentials while providing investors with an established rental location. Whether you're an experienced investor looking to expand your portfolio or seeking an income-producing property with tenants already in place, this duplex offers an opportunity to step into an existing rental operation without starting from scratch. Two income-producing units. Established rental income. An attractive 8.4% cap rate. Don't miss this opportunity to add a fully occupied duplex to your investment portfolio! A second fully occupied duplex directly to the left is also for sale at $1, 200/side as well (4105 E Josephine St -- MLS#: 328626)!

MLS® Number328625

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1980

Basement

DrivewayDriveway, On Street

Garage Spaces

HeatCentral, Electric

A/CCentral Air, Electric

Extras

Map

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