$685,000
bedrooms
8
bathrooms
0
square feet
0
Acreage
0.54
Open Houses
-
year built
1988
Full Baths
0
Half Baths
0
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 | |
| Subdivision | Colonial Heights |
| County | Indian River |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 283348
Listing agent:
Ashleigh C Lovell
#3333446
Listing broker:
Dale Sorensen Real Estate, Inc.
(772) 231-4712
Copyright © 2024 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, December 10 2024 at 7:07 p.m. EST
Kotohomes National