Invest in this rare 6-unit property in Fort Pierce and secure a robust stream of passive income! Each unit, currently rented at or near full market value, offers 2 bedrooms and 1 bathroom. With separate power and water services, and a roof replaced in 2020, this is a low-maintenance investment. Perfectly positioned between Orlando and Miami on the East Coast, Fort Pierce is a strategic investment locale. With projects like King's Landing, Fisherman's Wharf, and Boardwalk on the Inlet underway, the area is poised for growth. Once upcoming rent increases take effect, you're looking at an attractive 8% Cap rate. Don't miss out on this excellent opportunity!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $850,000 -3.3% | $160 | EXP Realty, LLC | |
Listed For Rent | $879,000 | $165 | EXP Realty, LLC |
Elementary & Middle School Fort Pierce Magnet K - 8 School | 0.2 miles away | KG - 08 | |
Elementary & Junior High School Dan Mccarty School | 1 miles away | 03 - 08 | |
Middle & High School Indian Hills | 1 miles away | 06 - 12 |