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Wade M. Berlin

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1150 Old Dixie
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PRICED AT ONLY: $375,750

Address: 1150 Old Dixie, Vero Beach, FL 32960

Description

House in front (3 units), Duplex in back (2 units). All units are currently occupied by stable tenants on month to month leases. Excellent income but property needs exterior repairs, although interiors are in better condition. Plumbing and electrical also need to be updated. Roofs are 2013, 2024. 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. This property is CASH ONLY and sold AS IS. Please do not disturb tenants. Interior viewing only scheduled with written offer. Owner illness has resulted in upkeep oversight and also necessitates sale. Excellent income immediately, does need investment in repairs.
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  • MLS#: F10472435 ( Commercial/Industrial )
  • Street Address: 1150 Old Dixie
  • Viewed: 7
  • Price: $375,750
  • Price sqft: $111
  • Waterfront: No
  • Year Built: 1910
  • Bldg sqft: 3374
  • Days On Market: 262
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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
  • Country: United States
  • Geographic Area: IR11
  • Locationof Property: City Location
  • Parcel Number: 33391200009000000006.0
  • Possession Information: At Closing
  • Sale Includes: Building & Land
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin