Excellently maintained Quadplex in highly desirable Wellington market. Situated on a .45 Acre, waterfront site, located on a quiet cul-de-sac in a residential neighborhood. This 4,574 sf building is solid, 1988, CBS construction. All units are 2 Bedroom, 2 bathroom with a comfortable and desirable layout plus in-unit washer/dryer. Large parking lot with two spaces per unit. All units are separately metered for water and electric. Plus a house electric panel for the sprinkler pump and security lights.All units currently occupied with long term month-to-month tenants paying WAY BELOW market rents. Lot's of upside by raising the rents.As-Stabilized pro-forma NOI of $47,000; 7.32% Cap Rate. Contact Listing Agent For Financial Analysis.