This 4-unit property in Cape Canaveral, Brevard County, is currently income-producing and rented, bringing in $6600 per month. With three of the tenants being on a month-to-month basis, in the event an investor elected to hold these properties as rentals, you could easily achieve $1900 per month, bringing the monthly income to $7,600. 

It has a new roof that was put on in 2023 and a high-voltage electric replacement in 2022. The air conditioning and water heaters have been replaced in the last four years. A full cosmetic rehab is recommended to further enhance its value by adding LVP flooring, paint, kitchen cabinets, and refreshing the bathrooms. The property is well-positioned near A-rated schools, beaches, the cruise port, restaurants, and shopping. 

The cheapest active 2-bedroom comparable in the area is listed at $260,000, highlighting the investment potential. For optimal results, consider flipping one unit at a time to maintain a steady stream of rental income throughout the renovation process.

Reach out to your EquityPro Advisor today so you don't miss out on this opportunity.