Prime Investment Opportunity: Quadplex w/ Impressive Cash Flow Near the Beach! This exceptional investment property sits tucked away in privacy + consists of 2 building each w/ 2 fully remodeled top-to-bottom 2/1 units. 4 fully occupied units - all new finishes in 2022: new roofs, 4 A/Cs, water heaters, appliances, tile + impact windows. W/D hookup in each unit; separate electric meters. Centrally located close to medical facilities, shopping + dining. Reliable, steady income; ideal addition for any real estate portfolio offering long-term stability + immediate returns yielding a 9.7% cap rate.
DAYS ON MARKET
|
2
|
LAST UPDATED
|
1/6/2025
|
TRACT
|
Gifford Area West
|
YEAR BUILT
|
1964
|
COUNTY
|
Indian River
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
AIR |
Central Air |
AIR CONDITIONING |
Yes |
HEAT |
Central, Electric |
LOT DIMENSIONS |
105.0 ft x 210.0 ft |
SEWER |
Public Sewer |
STORIES |
1 |
SUBDIVISION |
Gifford Area West |
TAXES |
2225.34 |
ZONING |
RM-10 |
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Listing provided by Hollie M Billero Buldo, Billero & Billero Properties
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