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Income/MultiFamily - for Sale

1610 N 25TH ST, FORT PIERCE, FL 34947

Asking Price$2,200,000

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  • Days on market:

    38 day(s)
  • Original Price:

    $2,200,000
  • Tax Legal Description:

    TUSKEGEE PARK S/D BLK 1 LOTS 1, 4 AND 5 AND N 40 FT OF LOT 8-LESS W 10FT- (OR 4095-2202)
  • Property Type:

    Income/MultiFamily
  • Parking:

    Free ParkingAssigned
  • Inclusions:

    Building & Land, Equipment,Leases
  • Lease Term Remaining:

    Annual Lease
  • Construction Type:

    Cbs Construction
  • Roof:

    Shingle
  • Cooling Description:

    Central Individual A/C
  • Heating Description:

    Central Electric
  • Floor Description:

    Ceramic Floor Tile
  • Special Listing Conditions:

    Sale

Description

$2,200,000

Welcome to this fantastic income property opportunity! nestled within a thriving neighborhood, this 2-story building boasts 14 units, each offering 2 bedrooms, 1 bath, and the convenience of central ac, separate electrical meters, and a designated parking spot. two dedicated areas for washer & dryer ensure added tenant convenience and supplemental income. recent upgrades include a new roof (2022), fresh exterior paint, and interior renovations completed in 2018. additionally, electrical meters and underground power lines were replaced in 2022, ensuring modern efficiency and reliability. with the possibility of owner financing with 50% down or more, and ample potential to increase rent, this property presents a lucrative investment opportunity you won't want to miss!
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