404 N 23rd Street Fort Pierce, FL 34950

5,328 Sqft, MultiFamily (5+ Units)

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AGENT'S REMARKS ABOUT 404 N 23RD STREET

Invest in this rare 6-unit property in Fort Pierce and secure a robust stream of passive income! Each unit, currently rented at or near full market value, offers 2 bedrooms and 1 bathroom. With separate power and water services, and a roof replaced in 2020, this is a low-maintenance investment. Perfectly positioned between Orlando and Miami on the East Coast, Fort Pierce is a strategic investment locale. With projects like King's Landing, Fisherman's Wharf, and Boardwalk on the Inlet underway, the area is poised for growth. Once upcoming rent increases take effect, you're looking at an attractive 8% Cap rate. Don't miss out on this excellent opportunity!

$850,000

SAVE

Living Area	5,328 SqFt
Year Built	1984
Private Pool	Sixpl
Subdivision	ALAMANDA VISTA SUBDIVISION
MLS#	RX-10949080
Listing Status	Active
Days on Market	2024-01-10