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.