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Rare Cocoa Quadplex on Half Acre Lot
Rare Cocoa Quadplex on Half Acre Lot
Equity Score
Property Details
This two-story quadplex sits on a large 0.5-acre lot with the potential to add storage units or expand (subject to zoning). Each unit offers 2 bedrooms and 1 bathroom and is separately metered for electric (shared water meter). Upstairs units have central HVAC; downstairs units are outfitted with window ACs. The roof was replaced in 2020.
Market rents in the area support up to $1,275/month per unit. Units will require a combination of cosmetic updates and heavier interior renovations, making this a great value-add opportunity for investors seeking cash flow and long-term equity.
Positioned in a growing rental market with strong demand, this property is ideal for BRRRR investors, long-term buy-and-hold strategies, or even future redevelopment.
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