Address: 1503 Edgewood Terrace, Fort Pierce, FL 34950
Description
Investor Special! This duplex at 1503 Edgewood Terrace, Fort Pierce, is a prime value add opportunity. Currently rented month to month at $1,100/month, this property needs a full rehab. Renovated comparables are selling in the mid $300K range, with potential rental income of $3,500 $4,000/month. Priced to reflect repairs, this duplex is being sold AS IS. Don't miss this chance to maximize returns in a growing market!
Investor Special! This duplex at 1503 Edgewood Terrace, Fort Pierce, is a prime value add opportunity. Currently rented month to month at $1,100/month, this property needs a full rehab. Renovated comparables are selling in the mid $300K range, with potential rental income of $3,500 $4,000/month. Priced to reflect repairs, this duplex is being sold AS IS. Don't miss this chance to maximize returns in a growing market!
Features
Building and Construction
Absolute Longitude: 80.339089
Construction: CBS
Exterior Features: None
Flooring: Tile
Roof: Comp Shingle
Sqft Source: Tax Rolls
Sqft Total: 1376.00
Total Building Sqft: 1304.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212116581394000000
Land Information
Lot Description: < 1/4 Acre
Subdivision Information: None
Eco-Communities
Private Pool: No
Storm Protection: None
Waterfront Details: None
Utilities
Carport Spaces: 0.00
Cooling: Wall-Win A/C
Heating: Window/Wall
Number Of Stories: 1.0
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Utilities: Public Sewer, Public Water
Finance and Tax Information
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 1837.00
Income Expenses Annual Total Expense: 1837.66
Income Expenses Gross Operating Inc: 13200.00
Source Of Expenses: Owner
Tax Year: 2024
Rental Information
Tenant Pays: Cable, Electric, Sewer, Water
Other Features
Avail Info: None
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: EDGEWOOD PARK BLK A LOT 22 (OR 4064-1407)
Attention investors! This income producing duplex offers immediate cash flow with a combined rental income of approximately $1,800/month. While the property is in need of significant repairs and updat
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