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1150 Old Dixie Highway

Vero Beach, FL 32960
  • $400,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 258970
UPDATED: 61 min ago
$400,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,538
    SQFT
  • $158
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

Description

The Best Deal in Town! Centrally located in Vero Beach this multifamily property consists of 2 buildings on one .29 Acre Parcel Zoned MF2-9. Front building consists of 3 units: 2-1bed units downstairs & 1-2bed unit upstairs. Back building consists of 2-1bed units. Current Rents are below market value Month to Month Tenancy. Gross Operating Income $44,400 Annually. Landlord Pays Utilities

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© 2022 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Billero & Billero Properties. Data last updated: 2022-10-02T14:37:25.433.
www.billeroproperties.com/homes/132020323
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1150 Old Dixie Highway Vero Beach, FL 32960

  • Price: $400,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 61 min ago
  • MLS #: 258970
0
Beds
0
Baths
0
½ Baths
0.29
Acres
2,538
SQFT
$158
$/SQFT
1910
Built
Neighborhood:
Glendale Ind Park
County:
Indian River
Area:
County Southeast
Property Description
The Best Deal in Town! Centrally located in Vero Beach this multifamily property consists of 2 buildings on one .29 Acre Parcel Zoned MF2-9. Front building consists of 3 units: 2-1bed units downstairs & 1-2bed unit upstairs. Back building consists of 2-1bed units. Current Rents are below market value Month to Month Tenancy. Gross Operating Income $44,400 Annually. Landlord Pays Utilities
Exterior Features

Construction Materials Frame Exterior Features None Levels Two Lot Features 1/4 To 1/2 Acre Lot Parking Features Off Street Parking Total 5 Road Surface Type Paved Roof Shingle Waterfront Features None Waterfront YN No

Interior Features

Cooling Central AirElectricOther Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Vinyl Heating None Heating YN No Laundry Features Common Area Window Features Single Hung

Property Features

Community Features None Gross Income 44400 Insurance Expense 2200 Listing Terms CashFhaNew LoanOwner Will CarryOtherVa Loan Lot Size Dimensions .29 Maintenance Expense 3500 Net Operating Income 32000 Operating Expense 12400 Owner Pays Common Area MaintenanceElectricityGrounds CareInsuranceSewerTaxesTrash CollectionWater Pool Features None Possible Use Commercial Property Sub Type Apartment Restrictions Sewer County Sewer Tax Annual Amount 2695 Tax Lot 6 Tax Year 2021 Tenant Pays Cable Tv Utilities Expense 4258 Water Source Public Zoning Zoning Description Commercial

Listing courtesy of Exp Realty, Llc: 888-883-8509.


© 2022 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Billero & Billero Properties. Data last updated: 2022-10-02T14:37:25.433.
 
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Billero & Billero Properties
300 Sebastian Blvd.
Sebastian FL, 32958