1135 17th Place, Vero Beach, FL 32960
- $689,999
- List Price
- $689,999
- Price Change
- ▼ $5,001 1783472469
- MLS#
- 296577
- Status
- ACTIVE
- County
- Indian River
- City
- Vero Beach
- Subdivision
- J A Freres
- Acres
- 0.14
- Property Subtype
- Quadruplex
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.
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Additional Information
- Days on Market
- 106
- Year Built
- 2024
- Stories
- 1
- Cooling
- Ceiling Fan(s), Electric
- Heating
- Electric
- Exterior Features
- Porch
- Roof
- Metal
- Pool Description
- None
- Parking Spaces
- 4
Mortgage Calculator
Listing courtesy of EXP Realty, LLC.