Active

$349,000

Features:
  • 6 Bedrooms
  • 5 Bathrooms
  • 2796 sq ft
Overview
  • ID: MFRO6369047
  • Bedrooms: 6
  • Bathrooms: 5
  • Size: 2796 sq ft
Property Details
Remarks
Prime Multi-Family Investment Opportunity in Titusville 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.
Financial Considerations
Price:
$349,000
HOA Fee:
N/A
Tax Amount:
$4359.08
Price per SqFt:
$124.82
Tax Legal Description:
PART OF NE 1/4 OF SE 1/4 OF NW 1/4 AS DESC IN DB 332 PG 319
Exterior Features
Lot Size:
20038
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
5
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
Range, Refrigerator
Furnished:
No
Floor:
N/A
Levels:
Three Or More
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1955
Construction Type:
Block, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
None
Additional Features 2:
N/A
Map
  • Address
    420 ROCK PIT RD
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