PROPERTY 2703 Avenue G, Fort Pierce, FL 34947, MLS#RX-11121897

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PRICED AT ONLY: $524,999

Address: 2703 Avenue G, Fort Pierce, FL 34947

Description

BRAND NEW Duplex Investment Opportunity! This exceptional property boasts a monthly gross revenue of $4,974 making it an ideal addition to any real estate portfolio. It has an impressive annual gross income of nearly $60,000. With a cap rate of approximately 10.1%, this investment offers a compelling rate of return that surpasses many market alternatives. Each unit is extremely efficient and situated in a high demand location, ensuring consistent tenant interest and dependable cash flow. Don't miss your chance to secure this lucrative investment property!

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Description

Features

Building and Construction

Absolute Longitude: 80.352418

Construction: Block, CBS

Exterior Features: None, Shutters

Flooring: Concrete

Roof: Metal

Sqft Source: Floor Plan

Sqft Total: 1780.00

Total Building Sqft: 1780.00

Property Information

Property Condition: New Construction

Property Group Id: 19990816212116581394000000

Land Information

Lot Description: 1/4 to 1/2 Acre

Subdivision Information: None

Eco-Communities

Private Pool: No

Storm Protection Panel Shutters: Complete

Waterfront Details: None

Utilities

Carport Spaces: 0.00

Cooling: Central

Heating: Central

Number Of Stories: 1.0

Separate Elec Meters: Yes

Separate Wtr Meters: Yes

Utilities: Electric, Public Sewer, Public Water

Finance and Tax Information

Home Owners Association poa coa Monthly: 0.00

Homeowners Assoc: None

Income Expenses Annual Net Oper Inc: 52100.00

Income Expenses Annual Total Expense: 7900.00

Income Expenses Gross Operating Inc: 60000.00

Source Of Expenses: Proforma

Tax Year: 2025

Rental Information

Tenant Pays: Electric, Sewer, Water

Other Features

Avail Info: None

Country: United States

Housing For Older Persons Act: No Hopa

Legal Desc: RE/S/D OF TRACTS 113, 114, 127 AND 128 GARDEN CITY FARMS 05 35 40 N155 FT OF LOT 2 OF TRACT 114-LESS N 10 FT-

Parcel Id: 240581700130001

Possession: At Closing

Zoning: SFMode

Nearby Subdivisions

Emancipation Park Garden City Farms Resubdivisio Home Acres Revised Plat Of Uni Magnolia Park Subdivision

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