511 Texas Court, Fort Pierce, FL 34950
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  • MLS#: TB8353000 ( Multi-Family )
  • Street Address: 511 Texas Court
  • Viewed: 10
  • Price: $479,999
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1905
  • Bldg sqft: 0
  • Bedrooms: 8
  • Total Baths: 3
  • Days On Market: 134
  • Additional Information
  • Geolocation: 27.4427 / -80.3363
  • County: SAINT LUCIE
  • City: Fort Pierce
  • Zipcode: 34950
  • Subdivision: Cramers Add
  • Provided by: RICHARD PETERS REALTY LLC
  • DMCA Notice
  • Description
    Incredible Triplex Opportunity in Fort Pierce!! Dont miss out on this fantastic opportunity to own a well maintained triplex in a rapidly appreciating neighborhood in Fort Pierce! Perfect for both investors and owner occupants, this property offers tremendous potential with below market rents and the chance to increase rental income. With three separate buildings sitting on a massive lot, this property is ideal for those seeking space, privacy, and a solid income generating investment. The triplex consists of three updated units, totaling 8 bedrooms and 3 bathrooms. Each unit has been meticulously maintained and features luxurious, durable tile flooring, including beautiful modern wood style tile throughout. The units have open, functional layouts that offer a comfortable living experience for tenants, with kitchens that are as practical as they are stylish. One of the standout features of this property is the brand new metal roofs on all three unitsinstalled less than a year agoproviding peace of mind for years to come. Additionally, the units are separately metered for both water and electricity, and tenants are responsible for their own utilities, which is a huge benefit for investors looking for a hassle free investment. The property has also had recent upgrades, including new re piping for the water supply lines and replaced electrical boxes. Each unit has its own window AC unit for individual climate control. While the property has been well kept, it still presents an opportunity for some cosmetic updates to increase its value even further. With current rents of $1,000 for a 3 bed, $900 for a 2 bed, and $1,250 for a 3 bed unit, the property generates $3,150 per month in rental income. TOTAL RENTS ARE INCREASING ON JUNE 1st AS FOLLOWS: 509A raises to $1,250/month, 509B raises to $1,150/month, and 511 raises to $1,500/month This property is ideal for investors looking to capitalize on a growing area or for an owner occupant who wants to live in one unit while renting out the others. Located in a coveted neighborhood, with ample space for parking or storage, this triplex offers both value and opportunity. Easy to showschedule your viewing today!
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  • Possible terms: Cash, Conventional, FHA
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  • Views: 10
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