1109 Colonial Road Unit #A & B, Fort Pierce, FL 34950

$299,000
1,600
SqFt

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List Price
$299,000
MLS
B26055298
Status
ACTIVE
Type
Multifamily
Living Area
1,600

Property Description

Now offered with exceptional seller financing at a below-market 5.5% interest rate with just 15% down! Whether you're looking to grow your investment portfolio or purchase your first income-producing property, this is an outstanding opportunity. This well-maintained 1920s duplex in Fort Pierce has been consistently occupied by the same reliable, on-time paying tenants since 2022, providing immediate rental income. Each unit has its own electric meter, with one shared water meter, plus a shared washer and dryer located behind the building. Recent improvements include a new roof (2020), most windows replaced (2021), renovated interiors in both units, including one with a newer kitchen and A/C units and the other featuring a brand-new bathroom. The most recent 4-point inspection reported no deficiences. A charming covered front porch adds to the property's historic character and curb appeal. Don't miss this turnkey investment opportunity!

Additional Information

Days on Market
7
Style
Duplex
Lot Size
7,500
Exterior Features
None
Year Built
1925
Development Name
Pinewood Subdivision
#Stories
1
Construction Type
CBS Construction, Stucco

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Calculator source: Real Geeks

Listing Courtesy of Rook Realty LLC, Contact: