Vero Beach, FL 32962,960 6th ST
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Vero Beach, FL 32962,960 6th ST
Vero Beach, FL 32962,960 6th ST
Vero Beach, FL 32962,960 6th ST
Vero Beach, FL 32962,960 6th ST
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$ 685,000
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960 6th ST Vero Beach, FL 32962

0.54 Acres Lot


UPDATED:

12/10/2024 06:36 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Colonial Heights

MLS Listing ID 283348

HOA Y/N No

Year Built 1988

Annual Tax Amount $7,108

Tax Year 2024

Lot Size 0.540 Acres

Acres 0.54

Property 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.

Location

State FL

County Indian River

Area County Southeast

Zoning ,

Interior

Interior Features Pantry

Heating Central

Cooling Central Air

Flooring Tile

Furnishings Unfurnished

Fireplace No

Laundry In Unit

Exterior

Exterior Feature None

Parking Features Off Street

Pool None

Community Features None

Waterfront Description None

Water Access Desc Public

Roof Type Metal

Total Parking Spaces 8

Building

Lot Description 1/2 to 1 Acre Lot

Story 1

Entry Level One

Sewer Septic Tank

Water Public

Level or Stories One

Others

HOA Name SRS Property Partners LLC

Tax ID 33391300013000000024.0

Security Features Smoke Detector(s)


REALTORS® Association of Indian River County, Inc. (RAIRC)
Listed by Dale Sorensen Real Estate Inc.

Melissa Murphy

Realtor | License ID: 3248852

+1(772) 925-9138

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960 6th ST