Address: 301 7th S Street S, Fort Pierce, FL 34950
Description
Income Producing Triplex!Just steps from Downtown Fort Pierce and the vibrant Peacock Arts District, this freshly painted, well maintained property is a fantastic investment opportunity. Two of the three units are occupied with reliable tenants on new annual leases, while the third unit is vacant and easy to show. Each unit has its own electric meter, gas tankless water heater, and central A/C. A newer metal roof and brand new privacy fence add extra value and easy upkeep. Seller financing available at an excellent 5.5% interest with only 15% down better than most hard money or investor loans on the market!
Income Producing Triplex!Just steps from Downtown Fort Pierce and the vibrant Peacock Arts District, this freshly painted, well maintained property is a fantastic investment opportunity. Two of the three units are occupied with reliable tenants on new annual leases, while the third unit is vacant and easy to show. Each unit has its own electric meter, gas tankless water heater, and central A/C. A newer metal roof and brand new privacy fence add extra value and easy upkeep. Seller financing available at an excellent 5.5% interest with only 15% down better than most hard money or investor loans on the market!
Features
Building and Construction
Absolute Longitude: 80.329202
Construction: Woodside
Exterior Features: Fence
Flooring: Vinyl Floor, Wood Floor
Roof: Metal
Sqft Source: Tax Rolls
Sqft Total: 2167.00
Total Building Sqft: 2098.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212116581394000000
Land Information
Lot Description: < 1/4 Acre
Subdivision Information: None
School Information
Elementary School: Fairlawn Elementary School
High School: Fort Pierce Westwood Academy
Middle School: Dan MacCarty Middle School
Eco-Communities
Private Pool: No
Storm Protection: None
Waterfront Details: None
Utilities
Carport Spaces: 0.00
Cooling: Central Individual
Heating: Central Individual
Number Of Stories: 1.0
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Utilities: Electric, Public Sewer, Public Water
Window Treatments: Single Hung Metal
Finance and Tax Information
Home Owners Association poa coa Monthly: 0.00
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 40216.00
Income Expenses Annual Total Expense: 10784.00
Income Expenses Gross Operating Inc: 51000.00
Source Of Expenses: Owner
Tax Year: 2025
Rental Information
Tenant Pays: Electric
Other Features
Avail Info: Leases
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: CANNING CO`S S/D N 60.5 FT OF E 110 FT OF LOT 6-LESS E 12 FT AND LESS N 3.9 FT- AND FROM SE COR LOT5 RUN W 12 FT TO W R/
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