About 415 Vermont Avenue
Under contract-accepting backup offers. Rare beachside income opportunity — just 2 blocks from the ocean! This well-performing 4-unit investment property will potentially deliver $5,600/month or more in gross rental income with an expense structure that puts more money in your pocket: all four tenants pay their own power (4 separate meters), keeping landlord overhead to approximately $350/month in water costs. A detached 1-car garage offers serious upside — convert it to a 5th efficiency unit, expand the current unit immediately next door, or lease it as-is for additional cash flow. One tenant even handles basic lawn maintenance, making this a truly low-management asset. Whether you're a seasoned investor or looking to house-hack near the beach, this property checks every box. This is an accessible deal that won't last long. Call today before it's too late! **Financials within this listing are Pro-Forma. 2 units are currently vacant. The two rear/garage units are currently leased Month-To-Month to long term tenants at below market rates of $900 and $1,050**
Features of 415 Vermont Avenue
| MLS® # | O6419103 |
|---|---|
| Price | $399,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 2,540 |
| Acres | 0.17 |
| Year Built | 1908 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
Listing Details
| Office | SLOANE REALTY, LLC |
|---|
Listing Map
Neighborhood Information for 415 Vermont Avenue
Low Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Pure In Heart Christian Academy And Performing Arts Center Private - to |
1 Miles | |
|
|
Imagination Station Too Montessori Private - Preschool to Kindergarten |
1 Miles | |
|
|
Basilica School Of St Paul Catholic - Preschool to 8Th Grade - Closest Elementry School |
1 Miles | |
|
|
Riverview Learning Center Public - 6Th Grade to 12Th Grade |
1 Miles | |
|
|
Friendship Academy Private - Preschool to Preschool |
1 Miles | |
|
|
Our Lady Of Lourdes Catholic School Catholic - Preschool to 8Th Grade - Closest Middle School |
2 Miles | |
|
|
The Chiles Academy Public - 6Th Grade to 12Th Grade |
2 Miles |
School data provided by GreatSchools