960 6th Street

Vero Beach, FL, United States
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USD $685,000
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For Sale
Active
Source ID 283348
Built 1988

Property Details

Listing Status
Active
Source ID
283348
Source ID
13465108315914137773
Parking Spaces
8
Built
1988
County
Indian River
Neighborhood
Colonial Heights
Find Me Online

https://luxre.com/r/GcF9

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.

Features

Appliances

Central Air Conditioning.

Interior Features

Smoke Alarm.

Roofing

Metal.

Flooring

Tile.

Parking

Off Street.

Additional Resources

Corporate Website

Dale Sorensen Real Estate | Treasure & Space Coast Realtors

LRE® Property Website

960 6th Street

Location/Nearby

Disclaimers

Last Updated: Dec 22, 2024 4:32 AM

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