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$ 475,000
Est. payment | /mo
$ 475,000
Est. payment | /mo
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
Listed by LoKation
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Evan Sophir