1155 NE Railroad Street, Jensen Beach, FL 34957
$2,000,000
Property Type:
Residential Income
Square Footage:
552
Status:
Active
Current Price:
$2,000,000
Last Modified:
4/11/2024
Description
Welcome to the up and coming, quaint town of Rio, FL located in one of the tax benefit Opportunity Zones! This is a bulk sale of 17 moblie homes along with the 3.4 acres of land they sit on. No HOA community and most of the mobile homes have their own lot with well water and septic tanks. One vacant parcel is included in the sale as well. Public sewer lines were installed few years ago on the streets, so you have ability to hookup to them. Wonderful long term investment property with list of tenants wanting to move in, zero vacancy!
More Information MLS# RX-10968675
Contract Information
Listing Date: 2024-03-14
Status: Active
Original List Price: 2200000
Auction: No
List Price: $2,000,000
Current Price: $2,000,000
List Price/SqFt: 3623.18
Comm/Non-Rep: $1
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Quad Plex
Property Condition: Resale
Year Built: 1956
Number of Stories: 1
SqFt - Total: 552
SqFt - Living: 552
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Subdivision: RIO ST LUCIE TERRACE
Lot SqFt: 9527
Waterfront: No
Private Pool: No
Pets on Premises: No
Separate Elec Meters: Yes
Separate Wtr Meters: No
Location, Tax & Legal
Area: 3 - Jensen Beach/Stuart - North of Roosevelt Br
Geo Area: MA03
Country: United States
County: Martin
Parcel ID: 283741001009000908
Street #: 1155
Street Dir: NE
Street Name: Railroad
Street Suffix: Street
State/Province: FL
Zip Code: 34957
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
Multiple Ofrs Acptd: Yes
REO: No
HOPA: No Hopa
Legal Desc: RIO ST LUCIE TERRACE LOTS 9 & 10 BLK 9
Zoning: Mobile/Manuf
Tax Year: 2023
Taxes: 1213.01
Geo Lat: 27.222695
Geo Lon: -80.237092
Office/Member Info
DXORIGMLNO: RX-10968675
DXORIGMLSID: RML
Unit 1 Info
Full Bath: 1
Furnished: Yes
SqFt: 552
Monthly Income: 600
Unit 2 Info
Full Bath: 1
Furnished: Yes
SqFt: 600
Monthly Income: 700
Unit 3 Info
Full Bath: 1
Furnished: Yes
SqFt: 920
Monthly Income: 1000
Unit 4 Info
Full Bath: 1
Furnished: Yes
SqFt: 600
Monthly Income: 800
Income & Expenses
Gross Operating Inc: 144000
Annual Total Expense: 67000
Annual Net Oper Inc: 77000
Property Features
Source of Expenses: Owner
Construction: Other
Waterfront Details: None
Unit 1 Desc: A/C Unit; Dishwasher; Range - Electric; Refrigerator
Unit 1 Parking: Open Parking
Unit 2 Desc: A/C Unit; Range - Electric; Refrigerator
Unit 2 Parking: Open Parking
Unit 3 Desc: A/C Unit; Range - Electric; Refrigerator
Unit 3 Parking: Open Parking
Unit 4 Desc: Range - Electric; Refrigerator
Unit 4 Parking: Open Parking
Lot Description: < 1/4 Acre
Exterior Features: None
Subdiv. Amenities: None
Tenant Pays: Electric; Water
Restrict: None
Flooring: Linoleum
Cooling: Wall-Win A/C
Heating: Window/Wall
Roof: Metal
Terms Considered: Cash
Utilities: Septic; Well Water
Storm Protection: None
Special Info: Sold As-Is
Taxes: County Only
Avail Info: None
Possession: Funding
Listing Office: Water Pointe Realty Group
Last Updated: April - 11 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
561-379-4848
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