1760&1766 Mason TER
Multi-Family $ 599,900

1760&1766 Mason TER

Melbourne, FL 32935

  • 5 Beds
  • 4 Baths
    Full Baths: 4
  • 2,432 SqFt
  • 0.26 Lot Size
  • 1985 Year Built
ASSUMABLE 3.75% MORTGAGE! Approx. $335K loan balance available to a qualified buyer. Skip today's rates and step into a low-rate, income-producing duplex in Melbourne. This concrete block duplex offers two well-sized units, each with its own 1-car garage. Unit one is a 3 bed, 2 bath with additional parking, and unit two is a 2 bed, 2 bath. Major updates are already done: impact-rated windows throughout, 2019 roof, a 2021 AC system on one side, and a 2016 air handler on the other. Both units are occupied by long-term tenants paying $1,700 and $1,500 per month ($38,400 per year gross), with leases ending in December. That gives you flexibility to keep the steady income, raise rents, or live in one side and rent the other. City water and sewer. Low-rate financing, solid construction, and proven rental history make this a strong fit for investors and house-hackers.
Listed by Denovo Realty

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PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 432 sqft

    Price per Sqft $246

    Subdivision Country Club Gardens Subd

    MLS Listing ID 1088372

    Bedrooms 5

    Full Baths 4

    HOA Y/N No

    Total Fin. Sqft 2432

    Year Built 1985

    Annual Tax Amount $5,555

    Tax Year 2025

    Lot Size 0.260 Acres

    Acres 0.26

    Property Sub-Type Duplex

    Source Space Coast MLS (Space Coast Association of REALTORS®)

    Land Area 3217

  • Location

    State FL

    County Brevard

    Area 323 - Eau Gallie

    Direction From US-1, head west on Lake Washington Rd. Turn left onto Stewart Rd, then take the first right onto Mason Ter. The duplex is on the right.

  • Building

    Faces South

    Story 1

    Sewer Public Sewer

    Water Public

    New Construction No

  • Interior

    Heating Central

    Cooling Central Air

    Flooring Carpet, Tile

    Furnishings Unfurnished

    Fireplace No

    Appliance Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator

    Laundry In Garage

  • Exterior

    Exterior Feature Impact Windows

    Parking Features Additional Parking, Attached

    Garage Spaces 2.0

    Utilities Available Sewer Connected, Water Connected

    Roof Type Shingle

    Present Use Multi-Family,Residential

    Street Surface Asphalt

    Road Frontage City Street

    Garage Yes

    Private Pool No

  • Schools

    Elementary Schools Creel

    High Schools Eau Gallie

  • Others

    Senior Community No

    Tax ID 27-37-08-50-0000a.0-0015.00

    Acceptable Financing Assumable, Cash, Conventional, FHA, VA Loan

    Listing Terms Assumable, Cash, Conventional, FHA, VA Loan

    Special Listing Condition Standard

    Virtual Tour https://www.virtualtourcafe.com/mls/10011721

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