1150 Old Dixie new

Vero Beach,FL 32960

$ 475000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Income/Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10472435

Construction Status Resale

HOA Y/N Yes

Year Built 1910

Annual Tax Amount $3,633

Tax Year 2023

Property 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.

Location

State FL

County Indian River County

Area Ir11

Interior

Heating Central Building A/C,Central Individual A/C

Cooling Central Building A/C,Central Individual A/C

Flooring Other Floors,Vinyl Floors

Exterior

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Story 2.0000

Foundation Frame Construction

Sewer Septic Tank

Water Public Water

Construction Status Resale

Others

Pets Allowed No

Ownership Self Proprietor/Individual

Acceptable Financing Cash

Listing Terms Cash

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