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1150 Old Dixie Highway

Vero Beach, FL 32960
  • $375,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 271017
UPDATED: 55 min ago
$375,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:

School Ratings & Info

Description

11 CAP Commercial Opportunity in Indian River County. Two Multifamily Buildings (Duplex & Triplex) on a .29-acre parcel centrally located in Indian River County (just outside of the Vero Beach city limits) Annual Gross Income $53,400 Expenses 12,400 Gross Income $41,000 Unit Mix 2-2/1 1-1/1 2-EFF Each Building has a meter. Utilities and trash are paid by the landlord. All financial information, leases, survey, and inspection report are available upon request. Fully Occupied No showings without a signed agreement (LOI or PA) Each Building Needs TLC. Dont miss this investment opportunity!

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© 2023 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 Team Provancher | EXP Realty LLC. Data last updated: 2023-10-01T19:43:12.48.
www.buyandsellvero.com/homes/142821716
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1150 Old Dixie Highway Vero Beach, FL 32960

  • Price: $375,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 55 min ago
  • MLS #: 271017
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1910
Built
Neighborhood:
Gablers
County:
Indian River
Area:
County Southeast
Property Description
11 CAP Commercial Opportunity in Indian River County. Two Multifamily Buildings (Duplex & Triplex) on a .29-acre parcel centrally located in Indian River County (just outside of the Vero Beach city limits) Annual Gross Income $53,400 Expenses 12,400 Gross Income $41,000 Unit Mix 2-2/1 1-1/1 2-EFF Each Building has a meter. Utilities and trash are paid by the landlord. All financial information, leases, survey, and inspection report are available upon request. Fully Occupied No showings without a signed agreement (LOI or PA) Each Building Needs TLC. Dont miss this investment opportunity!
Exterior Features

Construction Materials Frame Levels Two Lot Features Item14to12AcreLot Parking Total 5 Road Frontage Type Countyroad Road Surface Type Paved Roof Shingle

Interior Features

Building Area Total 2538 Cooling Windowunits Cooling YN Yes Flooring TileVinyl Heating None Heating YN No

Property Features

Current Use Other Gross Income 53400 Insurance Expense 3100 Listing Terms Cash Lot Size Dimensions 0.29 Maintenance Expense 0 Net Operating Income 41000 New Construction YN No Operating Expense 12400 Property Sub Type Industrial Property Sub Type Additional IndustrialCommercial Sewer Septictank Utilities Expense 6000 Water Source Public Zoning CH Zoning Description Commercial

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


© 2023 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 Team Provancher | EXP Realty LLC. Data last updated: 2023-10-01T19:43:12.48.
 
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Team Provancher | EXP Realty LLC
333 17th Street Suite F
Vero Beach FL, 32960