Commercial property in St. Lucie, Florida 148.64 sq.m. № 2455256

Property description

Investor alert: income-producing legal duplex in historic Pinewood, minutes from downtown Fort Pierce. Renovated and freshly painted 1925 Mediterranean/Old Spanish duplex, 2,084 sq ft on a 7,405 sq ft lot — no HOA. Both units rented: $3,800/month in place ($45,600/year), an approx. 8.5% cap rate on verified figures. Hold for cash flow, or live in one unit and let the other pay the mortgage. Buyer and buyer's agent to verify all information, measurements, rents and expenses.