6 Beds
5 Baths
2,796 SqFt
6 Beds
5 Baths
2,796 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,796 sqft
Price per Sqft $124
Subdivision Acreage
MLS Listing ID O6369047
Bedrooms 6
Construction Status Completed
HOA Y/N No
Year Built 1955
Annual Tax Amount $4,359
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 128.92x175
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Discover an exceptional value-add opportunity with this concrete block quadruplex located at 420 Rock Pit Road. Situated on nearly half an acre in Brevard County, this income-producing property features a versatile unit mix, including a 3-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, a 1-bedroom/1-bathroom unit, and an efficiency. Built in 1955 and totaling 2,796 square feet of heated living space, the building is equipped with central air and individual metering, offering a streamlined management experience for seasoned or first-time investors. With an estimated annual net income of over $169,000, this property is a powerful addition to any portfolio.
The location offers unmatched convenience, placed just minutes from local shopping centers like South Park Plaza and Parkway Plaza, and within easy reach of the Merritt Island National Wildlife Refuge and the beaches of Canaveral National Seashore. The property sits in Flood Zone X, typically requiring no flood insurance, and is serviced by public water. Being sold "As-Is," this quadruplex represents a rare chance to acquire a multi-unit asset in a growing Florida market with significant upside potential.
Location
State FL
County Brevard
Community Acreage
Area 32796 - Titusville
Zoning R3
Interior
Interior Features Built-in Features
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Appliance Range, Refrigerator
Laundry None
Exterior
Exterior Feature None
Utilities Available Cable Available
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level Three Or More
Foundation Block
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block,Frame
New Construction false
Construction Status Completed
Schools
Elementary Schools Coquina Elementary School
Middle Schools Stone Magnet Middle
High Schools Titusville High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
