
For Sale
For Sale
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Overview
Excellent investment opportunity! Downstairs office and two apartments total 2,672 sq. ft. Built in 1963 during the exciting "Space Race" period and featuring Mid Century Mod Architecture; both apartments have front patio space and one has been recently renovated. Downstairs utility room with separate entrance. Both units currently have month to month tenants in place and there is a great opportunity to bring both rental rates up to current market value. Plenty of parking on site including a drive through carport. The lot is large, at over half an acre, and there is plenty of potential to develop additional units. Future Land Use is Downtown Mixed Used-very flexible zoning- check with the city of Titusville about potential options. Centrally located between Historic Downtown Titusville and the new Titus Landing retail Center; close to Titusville High School. Excellent investment opportunity! Downstairs office and two apartments total 2,672 sq. ft. Both apartments have front patio space and one has been recently renovated. Downstairs utility room with separate entrance. Both units currently have month to month tenants in place and there is a great opportunity to bring both rental rates up to current market value. Plenty of parking on site including a drive through carport. The lot is large, at over half an acre, and there is plenty of potential to develop additional units. Future Land Use is Downtown Mixed Used-very flexible zoning- check with the city of Titusville about potential options. Centrally located between Historic Downtown Titusville and the new Titus Landing retail Center; close to Titusville High School.
Property Details
Excellent investment opportunity! Downstairs office and two apartments total 2,672 sq. ft. Built in 1963 during the exciting "Space Race" period and featuring Mid Century Mod Architecture; both apartments have front patio space and one has been recently renovated. Downstairs utility room with separate entrance. Both units currently have month to month tenants in place and there is a great opportunity to bring both rental rates up to current market value. Plenty of parking on site including a drive through carport. The lot is large, at over half an acre, and there is plenty of potential to develop additional units. Future Land Use is Downtown Mixed Used-very flexible zoning- check with the city of Titusville about potential options. Centrally located between Historic Downtown Titusville and the new Titus Landing retail Center; close to Titusville High School. Excellent investment opportunity! Downstairs office and two apartments total 2,672 sq. ft. Both apartments have front patio space and one has been recently renovated. Downstairs utility room with separate entrance. Both units currently have month to month tenants in place and there is a great opportunity to bring both rental rates up to current market value. Plenty of parking on site including a drive through carport. The lot is large, at over half an acre, and there is plenty of potential to develop additional units. Future Land Use is Downtown Mixed Used-very flexible zoning- check with the city of Titusville about potential options. Centrally located between Historic Downtown Titusville and the new Titus Landing retail Center; close to Titusville High School.
- Property TypeMulti-Family
- Sale Price$482,000
- Total Building Size2,672RSF
- Sale StatusAvailable
- Last updatedMay 23, 2022
- Property ID2215651
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