Beds
Baths
1,504 ft2
Property Size
Year Built
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 ID - | 1777686
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770 SE Indian St
Stuart, FL 34997
Specialties
Broker/Principal | Tiffany L Young
Southeast Florida Real Estate
Florida's Treasure Coast
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