Dale Sorensen Real Estate
Dale Sorensen Real Estate

3206 Cardinal Drive

Vero Beach, FL, United States

960 6th Street

Vero Beach, FL, United States
USD $685,000
1 - 20 of 42
Active
For Sale
Active
Source ID 283348
Built 1988

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.

Roof type

Metal.

Flooring

Tile.

Parking

Off Street.

Additional Resources

Location

Disclaimers

Last Updated: Dec 22, 2024 4:32 AM

To the fullest extent permissible pursuant to applicable law, this web site and the materials are provided on an "as is" and "as available" basis. LuxuryRealEstate.com expressly disclaims all warranties of any kind, whether expressed, implied, or statutory including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose and non-infringement. We do not warrant that this web site or the materials are completely error free, will operate without interruption, are compatible with all equipment and software configurations, free of viruses, errors, or other harmful components, or will otherwise meet your needs. Converted prices are for informational purposes only.