Bought with Savannahs Management LLC
$131,000
$138,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
3 Baths
1,320 SqFt
SOLD DATE : 11/19/2018
Key Details
Sold Price $131,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $99
Subdivision Southern Courtyard Townhomes
MLS Listing ID RX-10472583
Sold Date 11/19/18
Bedrooms 2
Full Baths 2
Half Baths 2
Construction Status Resale
HOA Fees $250/mo
HOA Y/N Yes
Abv Grd Liv Area 7
Year Built 1982
Annual Tax Amount $1,158
Tax Year 2017
Lot Size 3,294 Sqft
Property Description
These are two identical, rented 1 BR 1 1/2 BA units in an HOA community. Addresses are 2014 S. 10th St. Unit D, and 2009 Oleander Blvd. Unit B. Both owned by FCLR TWO, LLC. Long term tenant is at $700 a month and newer tenant is at $800 a month. CBS units with concrete patios. These units were converted to HOA and totally remodeled in 2004 with all new finishes. All new A/C equipment in 2018. Both units have their own washer & dryer and are separately metered for electric and water & sewer. Tenants pay all utilities. Total potential rent $1,600 / mo, HOA $250 / mo, property taxes $100 / mo. Potential to clear $1,250 / mo or $15,000 total annually. Income $15,000, sales price $138,000, Potential Cap Rate or Overall Rate 10.9%
Location
State FL
County St. Lucie
Community Southern Courtyard Townhomes
Area 7080
Zoning Res
Interior
Heating Central Individual
Cooling Central Individual
Flooring Carpet, Ceramic Tile
Exterior
Exterior Feature Open Patio
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available Common Laundry
Waterfront No
Waterfront Description None
View Other
Roof Type Comp Shingle,Wood Joist
Present Use Sold As-Is
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Others
HOA Fee Include 250.00
Senior Community No Hopa
Restrictions Buyer Approval,Interview Required,Pet Restrictions
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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