Property Attributes
- MLS#271740
- TypeSingle Family
- CountyINDIAN RIVER
- CityVero Beach
- AreaCounty Central
- NeighborhoodReedwood
- Zip32967
- StyleQuadruplex
- Year Built1950
- Taxes$ 2057
- Price$ 499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4072
- Lot Size0.37 Acres
Data Source:
REALTORS® Association of Indian River County (RAIRC)
Property Description
MAJOR PRICE IMPROVMENT! BRING ALL OFFERS! Rare & unique multifamily property w/4 CBS units. Dwellings as follows: A. 2 story 2248 SqFt 4 bed 3.5 bath w/oversized 2 car garage home B. 1200 SqFt Duplex w/2 bed & 1 bath per side C. 600 SqFt Cottage w/2 bed 1 bath. Duplex needs rehab to be completed (plans & drawings for duplex reno available). Great potential as a multi-generational family compound, a residential rehab home or an excellent income producing property. Current CAP rate is 7.2%, After duplex is complete, Potential CAP rate of 15%. Some owner financing possible.
Price History | |
---|---|
9/28/2023 | Listed $645,000 |
10/9/2023 | 2% - $635,000 |
10/17/2023 | 6% - $599,000 |
2/6/2024 | 2% - $589,000 |
2/14/2024 | 2% - $579,000 |
3/25/2024 | 6% - $545,000 |
4/8/2024 | 6% - $515,000 |
5/8/2024 | 4% - $499,000 |
General Features
Sewer | CountySewer |
---|---|
Directions | From US1,head West on 41st Street,property is located on the Northwest corner of 32nd Ave and 41st Street. |
City | Vero Beach |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool