Bought with Non-Member Selling Office
$675,000
$750,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Baths
4,035 SqFt
SOLD DATE : 04/02/2024
Key Details
Sold Price $675,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 4,035 sqft
Price per Sqft $167
Subdivision White City Subdivision
MLS Listing ID RX-10878522
Sold Date 04/02/24
Year Built 1968
Annual Tax Amount $6,797
Tax Year 2022
Lot Size 1.180 Acres
Property Description
Cash Cow! 4 buildings (single family homes) 12 rooms (beds) rented individually for a total $7,490.00/month. Total income of $89,880.00 per year. With potential to bring income up to $8,900 per month!With increases to market rental...potential for 9% return. Well maintained with a very desirable location in the heart of White City(centrally located between Fort Pierce and Port St Lucie). 5 minutes to US #1 and 10 minutes to I-95.See actual and current pro forma for rent rolls under documents tab.This property is setup up as a rooming house.See attached income and expense report number of rooms per building details and monthly expenses. DO NOT DISTURB TENANTS. SHOWINGS BY APPOINTMENT ONLY.
Location
State FL
County St. Lucie
Area 7140
Zoning SFLowD
Interior
Heating Central, Window/Wall
Cooling Wall-Win A/C, Central
Flooring Ceramic Tile, Clay, Linoleum
Fireplaces Type None
Exterior
Utilities Available Electric, Well Water, Septic
Roof Type Comp Shingle,Built-Up
Building
Story 100.00
Foundation CBS, Frame
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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