About this property

INVESTMENT PROPERTY WITH INCOME ALREADY IN PLACE! The property consists of three 1-bedroom apartments and one efficiency, with all four units currently leased at $750 per month, providing $3,000 in gross monthly rental income. A newer roof is another added benefit. Conveniently located just blocks from Ocean Drive, CHRISTUS Spohn Hospital Shoreline and Cole Park, this multi-unit property offers a great opportunity for an investor looking for immediate rental income and future potential. Per the seller, approximately 1,333 sq. ft. of converted garage living space is not reflected in the appraisal district square footage. This area includes one of the 1-bedroom apartments and the efficiency. The property is being sold AS-IS and could benefit from some TLC and updating, making it a great value-add opportunity while continuing to generate rental income. Convenient to the bayfront, downtown, hospitals, parks, dining and more. (Some pictures have been edited using AI- and virtually staged to help you envision the space)

Features and Additional Information