4437 31st Avenue #1
Vero Beach, FL 32967
2600 sqft | #RX-11049467
Description
Prime Investment Opportunity: Quadplex w/ Impressive Cash Flow Near the Beach! This exceptional investment property sits tucked away in privacy + consists of 2 building each w/ 2 fully remodeled top-to-bottom 2/1 units. 4 fully occupied units - all new finishes in 2022: new roofs, 4 A/Cs, water heaters, appliances + tile. W/D hookup in each unit; separate electric meters. Centrally located close to medical facilities, shopping + dining. Reliable, steady income; ideal addition for any real estate portfolio offering long-term stability + immediate returns yielding a 9.7% cap rate.
Property Details
- Utility FeaturesElectricity Connected, Public Sewer
- CoolingCentral, Electric
- SubdivisionGifford Area West
- Lot Features1/2 to < 1 Acre
- Lot Description1/2 to < 1 Acre
- Property TypeMulti-Family
- CountyIndian River
- RoofComposition
- MLS #RX-11049467
- MLS #RX-11049467
- Property SubtypeQuadruplex
- Original List Price$545,000
- Taxes Annual$2,225
- Cost545000
- ZoningRM-10
- Square Feet2600
- Year Built1964
- Stories1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Hollie M Billero Buldo (#276003040)
Listing Office: Billero & Billero Properties (#955352)
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