Investment Opportunity in Fort Pierce! This well-maintained 14-unit multifamily property offers an excellent income-generating potential. Located on a major street in a high-demand rental area, the property consists of a two-story building with 14 units, each offering 2 bedrooms and 1 bathroom with 720 sqft of living space. All units are equipped with central A/C and separate electrical meters for tenant convenience. On-site parking is available, and two separate areas are designated for washer and dryer use, providing additional income opportunities. The property has seen recent updates, including a new roof (2022) and underground electrical improvements (2023). With 40% owner financing available, this is a prime investment opportunity in the growing Fort Pierce market!
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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