About This Property

4-unit income property in downtown Vero Beach generating ~$5,995/month (~$71,940/year) at ~8% cap. Rear duplex is newer construction (2 units) and front duplex (2 units) offers value-add potential including 2BR conversion. City water/sewer, separate electric meters. Industrial zoning allows flexibility; current multifamily use is legally non-conforming. Front building may need roof and interior updates. Fully occupied. Showings after accepted contract. Deal sheet available. Strong rental history with consistent income. Portion of rents supported by housing assistance programs.

Key Features

• 6,000 sq ft Lot
• Built in 1940

Property Details

• Type: Single Family Home
• Year Built: 1940
• Lot Size: 6,000 sq ft
• Sq Ft: 1,504
• Price / Sq Ft: $449
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 6,000 sq ft Lot
• Feature: Built in 1940
• Status: Active
• MLS Number: 1157523828
• Days on Market: 202
• Listed By: EXP Realty LLC · Katie Holmes
• Zip Code: 32960