Bought with Nex Gen Realty & Property Mgnt
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Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,250 sqft
Price per Sqft $116
Subdivision None
MLS Listing ID RX-10709890
Sold Date 07/26/21
Bedrooms 8
Full Baths 4
Half Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 6
Year Built 1976
Annual Tax Amount $2,600
Tax Year 2020
Property Description
INVESTOR ALERT 8.5% CAP RATE for both buildings, potential for 10%. Rare opportunity for 2 quadplex buildings with a total of 8 units (see 203 Southland Dr for other quadplex) CBS block base w/ frame 2nd story separate electric meters. This listing is Four 2 br, 1.5 bath units with own central AC, range, refrigerator and hurricane shutters for all windows. Great income potential. Purchase both buildings for $1.05M
Location
State FL
County St. Lucie
Area 7100
Zoning Res
Interior
Heating Central
Cooling Central
Flooring Carpet, Ceramic Tile
Exterior
Exterior Feature Open Porch, Shutters
Utilities Available Cable, Electric, Septic, Well Water
Amenities Available None
Waterfront No
Waterfront Description None
View Garden
Roof Type Comp Shingle
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre, East of US-1, Paved Road
Foundation CBS, Frame, Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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John Maybin
Agent Team Leader | License ID: 3486929 Active
Agent Team Leader License ID: 3486929 Active