Courtesy of: Chaleah Gehrman, Denovo Realty, garrett@denovorealty.com
Courtesy of: Chaleah Gehrman, Denovo Realty, garrett@denovorealty.com
$599,900
|
5 bed
|
|
2,432 square feet
|
|
4.00 Bath (4 Full)
|
|
Lot: 0.26 Acres
|
|
Duplex
|
$599,900
1760&1766 Mason Terrace 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.
Courtesy of: Chaleah Gehrman, Denovo Realty, garrett@denovorealty.com
Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.