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.
This property is located in J A Freres Sub, a community in Vero Beach, FL. People searching for properties in Vero Beach can use this listing page to review property details, photos, location, pricing, and nearby similar listings.
Vero Beach, FL 32960
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