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Saint Lucie County Duplex, projected 13-14% CAP



$109,000

SOLD

602 Ave D

Fort Pierce, FL

  • Downstairs apartment is 2 Bedrooms, 2 Bathrooms bonus room can be used as a 3rd bedroom
  • Upstairs apartment is spacious 1 Bed 1 Bath.
  • Property needs general TLC to increase current rents. Tenants in place are month to month paying below market rents (approx. $1000). They like to stay so new rent agreements will have to be made, or they can vacate.
  • Location is close to downtown and property has C3 zoning for other potential business uses.
  • Detached garage/storage
  • Cap estimate based on $1500 monthly rent, taxes of $1081 and insurance premium $2000

Documents

 
No Documents for this Property


  • Sale Comps $140K - $150K
  • Rental Comps $1,400 - $1,600
  • Property Type Residential
  • Location Fort Pierce, FL
  • Size 2270 sq. ft.
  • Bedrooms 4
  • Bathrooms 3
  • TAV 40.5K
  • Annual Taxes $1,081
  • Year Built 1926

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