Property Description

Step back in time and unlock the potential of this rare historic income property just moments from the Indian River and vibrant downtown Melbourne. Situated on an oversized .57-acre lot, this unique multi-family propertly offers endless possibilities for investors, developers, or those seeking a one-of-a-kind residential estate. Originally built in 1925, the property features a charming quadplex, an additional apartment and a detached 3-car garage with ample carport parking, creating a flexible layout ideal for rental income or redevelopment. With approximately 3753 total square feet and zoning that allows for multiple living units, there is potential to expand. While the inside will require build-out, the opportunity to restore or redesign makes this a true value-add investment. If youre looking for an income producing investment, your dream home with space to grow, this property delivers unmatched potential. Cash only, no wholesalers please.