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

$279,000
1,600
SqFt

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List Price
$279,000
Price Change
▼ $20,000 1786042529
MLS
B26055298
Status
ACTIVE WITH CONTRACT
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
22
Style
Duplex
Lot Size
7,500
Exterior Features
None
Year Built
1925
Development Name
Pinewood Subdivision
#Stories
1
Construction Type
CBS Construction, Stucco

Mortgage Calculator

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Calculator source: Real Geeks

Listing Courtesy of Rook Realty LLC, Contact: