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!
1610 N 25th St, Fort Pierce, FL, 34947
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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