960 6th Street
Vero Beach, FL 32962
0.54 acres | #283348
Description
Two duplexes sold together as a fantastic 4 unit investment opportunity. Each unit is a 2 bedroom, 2 bath with separate outdoor spaces and 2 dedicated parking spaces per unit. Current cap rate of 6.4% with an easily achievable 7.8%. Great location and long term rental history - Current rates: Unit 960 - $1,100 month-to-month, Unit 962 - $1,450 lease through Sept 2025, Unit 964 - $1,200 through Mar 2025, Unit 966 - $1,450 through Aug 25. Recent updates include a 2024 A/C in Unit 964, 2024 drain field, tile floors throughout. Photos are of one unit and differ slightly from one unit to the other.
Property Details
- Lot DescriptionHalfToOneAcreLot
- SubdivisionColonial Heights
- Property TypeMulti-Family
- CountyIndian River
- Sewer InformationSepticTank
- Property SubtypeQuadruplex
- Original List Price$685,000
- InteriorPantry
- Utility SourcePublic
- Taxes Annual$7,108
- MLS #283348
- Cost685000
- MLS #283348
- Acres0.54
- Year Built1988
- Stories1
Location
Legal
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Last Updated: . Source: RAIRCMLS
Listing Courtesy
Listing Agent: Ashleigh C Lovell (#LOVELLAS)
Listing Office: Dale Sorensen Real Estate Inc. (#0074)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
