Fort Pierce Duplex! – FL 34950 Pending

  • $229,900
  • 6 beds
  • 2 baths
  • 1,960 sqft

Property Description:

Centrally located in Fort Pierce, FL, this block constructed duplex is close driving distance to US Highway 1, beaches, restaurants, parks, grocery stores and much more! It features six-bedrooms, two-bathrooms, and 1960 square-feet and is a 3/1 on each side. It is currently occupied on both sides with month-to-month tenants paying $932 each. They’ve each occupied the property for the past few years and prefer to stay. Similarly-sized, rental comps in Fort Pierce are renting around the $1300 range. The roof and the central A/C systems appear to be in good condition. The plumbing and electrical systems are separately metered and paid by the tenants. In order to maximize profits on this investment, we recommend making some cosmetic updates throughout the interior and exterior as well as creating a reserve to update the roof and HVAC systems within the next few years. Given the current market, multifamily properties at this price range are rare to find and in high demand, please contact us for further details!

Price:
$229,900
Address:
Canal Terrace
Fort Pierce, FL 34950
Square Feet:
1,960
Bedrooms:
6
Bathrooms:
2
Terms:
For Sale
Property Type:
Duplex
Year Built:
1970
Basement:
$21,350
MLS #:
$285,000

Call (321) 379-5777 for more details

Property Location