Basic Information
- MLS # F10352876
- Type Multi Family
- Status Closed
- Year Built 1972
- Total Sqft 12,959
- Date Listed 10/18/2022
- Days on Market 48
List price is starting bid for Auction. VALUE-ADD investment opportunity to acquire a 100 leased 8 UNIT multifamily property. Unit 1 and 4 fully renovated in 2022. Add value with remaining 6 units by increasing rents to market rate or renovate for additional value. See Offering Memorandum for renovation plans and earnings projections. Prime location near Walmart, Target and more national retailers. Exterior painted and parking lot repaved in 2022. SEPARATELY METERED water and electric. Community coin laundry. *Also available, 8 unit multifamily property 1895 40th Ave. directly across the street!* OWNER FINANCING available, see Owner Financing Terms Sheet for Details. AUCTION DATES: 103122 through 11222.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description Common
- Style Multi Family
Interior Features
- Adjusted Sqft 12,959Sq.Ft
- Sqft 12,959 Sq.Ft
Property Features
- Address 1896 40th Ave
- Aprox. Lot Size 12,959
- Furnished Info no
- Listing Terms Cash, Owner May Carry
- Subdivision Complex
- Subdivision Info
- Tax Amount $6,024
- Tax Legal desc SUNNYSIDE PARK SUB PBI 1-7 LOT 1 BLK 8 INC S 12 OF ABND 19TH ST ABUTTING SAID LOT 1 AS PER CITY OF VERO BCH, OR BK 737 PP 799, ORD 86-1
- Tax Year 2021
- Terms Considered Cash, Owner May Carry
- Type of Property Multi Family
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Vero Beach, FL 32960Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Inkwell LLC. tel: 305 710-2386
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