1016 Chipola Rd - Apartments FOR SALE


Fort Pierce, FL 34950- Downtown Fort Pierce
$430,000 USD
1016 Chipola Rd, Fort Pierce, FL for Sale
$430,000 USD
Apartments - FOR SALE
1/12
null | 6.98% Cap Rate

1016 Chipola Rd
Fort Pierce, FL 34950
Downtown Fort Pierce


HIGHLIGHTS

  • Investors Dream
  • Great Income Property
  • Live in one unit, rent out the other
  • Newer roof
  • Close to the intracoastal
  • Updated units

OVERVIEW

A fantastic investment opportunity in Fort Pierce! This duplex features two fully rented units, generating immediate rental income. Recent updates include a new roof (2020), renovated floors, brand-new appliances, a new washer and dryer, and a new AC. The units share a washer and dryer, providing added convenience for tenants. With modern upgrades and reliable tenants in place, this turnkey property is a great addition to any investor's portfolio. Don't miss out on this incredible opportunity!

FOR SALE DETAILS

PRICE

$430,000 USD

PRICE/SF

$245 USD /SF

# OF UNITS

2

PRICE/UNIT

$215,000

CAP RATE

6.98%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,689 SF

ZONING

MEDIUM DEN

APN/PARCEL ID

24-15-601-0440-0001

ASK ABOUT THIS PROPERTY

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