$665,000
$685,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
960 6th ST Vero Beach, FL 32962
0.54 Acres Lot
Key Details
Sold Price $665,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Colonial Heights
MLS Listing ID 283348
Sold Date 01/09/25
HOA Y/N No
Year Built 1988
Annual Tax Amount $7,108
Tax Year 2024
Lot Size 0.540 Acres
Acres 0.54
Property 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.
Location
State FL
County Indian River
Area County Southeast
Zoning ,
Interior
Interior Features Pantry
Heating Central
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace No
Laundry In Unit
Exterior
Exterior Feature None
Parking Features Off Street
Pool None
Community Features None
Waterfront Description None
Water Access Desc Public
Roof Type Metal
Total Parking Spaces 8
Building
Lot Description 1/2 to 1 Acre Lot
Story 1
Entry Level One
Sewer Septic Tank
Water Public
Level or Stories One
Others
HOA Name SRS Property Partners LLC
Tax ID 33391300013000000024.0
Security Features Smoke Detector(s)
Financing Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Keller Williams Realty of VB