Carolie Northrip
(386) 299-7648
(386) 299-7648
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Ductless, Electric
Heating: Electric
Lot Size: 0.14 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $5,037
Year Built: 1940
Square Feet: 1,595
Amenities
None
Feature Descriptions
Days on Site: 4
Exterior: Concrete Block - With Stucco
Flooring: Tile
Laundry: None
Parcel#: 333901000460020000030
Pets Allowed: Yes, No Restrictions
Restrictions: No Smoking
Sewer: Public Sewer
SQFT Living: 1504
Units: 4
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Co
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Co
Water: Public
Waterfront Features: None
Local Schools
High School: Vero Beach
Middle School: Gifford
Elementary School: Vero Beach
Listed By / Shown By
Listed By
Agency Name: EXP Realty LLC
Agency Phone: 888-883-8509
Shown By
Agent Name: Carolie Northrip
Agent Phone: (386) 299-7648
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 4,163.50 per month $3,539.58 Principal & Interest $419.75 Property Tax $204.17 Homeowner's InsuranceChange Payment Information
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1135 17th Place | MLS# B26014940
This multi-family property located at 1135 17th Place, Vero Beach, FL 32960 is currently listed for sale with an asking price of $699,999. Search Vero Beach real estate on cnorthrip.watsonrealtycorp.com today.