Amazing investment opportunity, location location, location! This quadruplex income property is fully leased out; sitting on an oversized lot (15,000)SF with a potential to add another building. 0.5 mile from the beach and 1 mile away from all the shops.
No homeowners association, allowing buyer to do vacation rentals. The possibilities are endless.
Out of the four units, three are currently on a month-to-month basis giving buyer the flexibility between a long or short term rental, also they are currently rented bellow market. The remaining unit is on a yearly contract.
New roof 2021, second story units were re-done in 2021 which includes new counter tops, sinks, flooring and A/C units. Brand new landscape done in July 2021. Exterior painted 2019.
Property has a shed and shared laundry for all tenants.