1150 Old Dixie, Vero Beach, FL 32960
Priced at Only: $475,000
Would you like to sell your home before you purchase this one?
- MLS#: F10472435 ( Commercial/Industrial )
- Street Address: 1150 Old Dixie
- Viewed: 1
- Price: $475,000
- Price sqft: $141
- Waterfront: No
- Year Built: 1910
- Bldg sqft: 3374
- Days On Market: 4
- Additional Information
- County: INDIAN RIVER
- City: Vero Beach
- Zipcode: 32960
- Provided by: LoKation
- Contact: Michael Staller
- (954) 545-5583
- DMCA Notice
Description
5 units in 2 buildings, priced at less than $100k per unit! 4 of the units are currently occupied by stable tenants on month to month leases. Recently vacated unit is ready to rent and is being used as "model" unit for selling purposes. Property needs exterior repairs, plumbing and electrical could be updated, roofs are 2013. In desirable location in walking distance to Publix and other stores. Property is also ZONED COMMERCIAL for someone wanting to go that route now or in the future. Owner illness has resulted in upkeep oversight and also necessitates sale. Excellent income immediately, does need investment in repairs. Do not disturb tenants.
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Construction Type: Frame Construction
- Floor Description: Other Floors, Vinyl Floors
- Num Stories: 2.0000
- Roof Description: Comp Shingle Roof
- Typeof Building: Commercial, Free Standing, Other Building Type
- Year Built Description: Resale
Property Information
- Transaction Type Mlx: Sale
- Typeof Property: Income/Multi-Family
Land Information
- Total Acreage: 0.0000
Garage and Parking
- Parking Description: Common Parking
Eco-Communities
- Water Description: Public Water
Utilities
- Cooling Description: Central Building A/C, Central Individual A/C
- Heating Description: Central Building A/C, Central Individual A/C
- Sewer Description: Septic Tank
- Utility Expense: 7200
Amenities
- Common Area Maint Includes: None
Finance and Tax Information
- Assoc Fee Paid Per: None
- Insurance Expense: 700
- Net Operating Income: 46967
- Sourceof Expenses: Owner Provided
- Tax Year: 2023
- Total Mortgage: 97500
- Trash Expense: 600
Other Features
- Board Identifier: BeachesMLS
- Geographic Area: IR11
- Locationof Property: City Location
- Parcel Number: 33391200009000000006.0
- Possession Information: At Closing
- Sale Includes: Building & Land
Contact Info
- John DeSalvio, REALTOR ®
- Office: 954.470.0212
- Mobile: 954.470.0212
- jdrealestatefl@gmail.com
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