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Key Details
Sold Price $257,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,104 sqft
Price per Sqft $82
Subdivision -None-
MLS Listing ID O5782577
Sold Date 07/27/19
Construction Status No Contingency
HOA Y/N No
Year Built 1983
Annual Tax Amount $2,983
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 120x98
Property Description
Bring your rehabbers / handymen / investors! Very Rare quadruplex (quadplex - spell it how you like) in Titusville on VERY busy road (easy to rent). Vacant, Needs rehab. All units 2 bed 1 bath, central air, no existing known roof leaks, no window AC units, good parking, common washer/dryer utility room, rents in the area are $850-$1050 depending on level of rehab. Individually metered for electric and water. If you choose to use the common washer/dryer utility - those are metered as well for the landlord. Old owner used a coin operated machine to make more money from those as well. If this was fully rented out and rehabbed seller would be asking over $400k. The only renovated quad on the market nearby is active at $500k for reference. Contracts must be as-is, not assignable, zero inspection period with the exception of title (so view and assess repairs before sending contract - utilities are on), no contingencies. Please don't ask "how much is the rehab" because everyone renovates to different levels. Property has been vacant for over 5 years. Cash or hard money only. Proof of funds required to be submitted with contract. Give seller minimum 2 days to respond for offers. $5k minimum escrow, quick close, has clear title
Location
State FL
County Brevard
Community -None-
Zoning R3
Interior
Heating Central, Electric
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Lighting
Parking Features Parking Pad
Utilities Available Electricity Connected, Water - Multiple Meters
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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