Canal Terrace Fort Pierce FL 34950 Assigned

Canal Terrace Fort Pierce FL 34950

Duplex
Unit 1: 3/1
Unit 2: 3/1
1,960 Sq. Ft
11,328 Sq. Ft Lot
CBS
Wall Unit AC
Currently occupied with below market tenants
Section 8 rolls would allow a large rent increase
Split Floor Plan
Rent Ready
Could use cosmetic updates
Minutes from the Beach and Treasure Coast Airport
Current Rents:
3/1: $932/month to month
3/1: $932/month to month
Total: $1,864/m
Current Cap: 5.79%
Market Rents:
3/1: $1,900/(per section 8)
3/1: $1,900/(per section 8)
Total: $3,800/m
Market Cap: 12.19%

Available on 10.07.2022

Don’t let this excellent opportunity pass you by! Get it yours now!

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The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement