Turnkey 4-unit Multifamily Investment Generating $91,500 Annually. Fully Renovated In 2024 Including A Brand New Roof, Offering A Stabilized Asset With No Foreseeable Maintenance Or Capital Expenditures In The Near Term. Property Features Long-term, Stable Tenants And Strong In-place Income.
priced To Sell At A 7% Net Cap Rate, This Is An Ideal Opportunity For Investors Seeking Reliable Cash Flow With Minimal Operational Burden. Current Utilities Total Approximately $535/month ($315 Fpl, $220 Water). Property Is Equipped With 2 Fpl Meters And 1 Water Meter; Per Fpl Engineering, Electric Can Be Separated Into 4 Individual Meters, Providing Future Flexibility If Desired.
well-maintained, Low-maintenance Asset In A Strong Rental Market—perfect For Buy-and-hold Investors Or 1031 Exchange Buyers Seeking Immediate Income.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
Heating Description: Electric
Cooling Description: Electric
Building and Construction
Floor Description: Vinyl
Year Built: 1964
Year Built Description: Resale
Style: Fourplex
Waterfront and Water Access
Waterfront Frontage: No info
School Information
Other Property Info
Listing Date: 2026-03-31T16:00:09.000-00:00
Taxes, Fees & More
Taxes: 16925
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