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Investment properties in Martin County FL

$ 1,400,000 - sold
3176 Bonita St Stuart FL 34997,

Property Description

15 unit investment property for sale in Stuart FL. This investment portfolio consist of 6 duplexes and 1 triplex. All buildings are concrete block and are updated except for one duplex. The properties have great rental history and all tenants are current on rent. All properties has nice landscaping with irrigation systems. All units are on well and septic; however, plans for city water coming to the area is in the works. All units are with in blocks of each other.

Yearly gross income $185,400.00

  • Taxes                 $15,565.00
  • Insurance         $12,000.00
  • Reserves           $6,000.00
  • Lawn                 $4,000.00

NNN Income             $147,835.00

 


Property Details

  • Price: $ 1,400,000
  • Listing Id: LST-1396
  • 3176 Bonita St Stuart FL 34997
  • City:
  • Area:
  • County: Martin
  • State: FL
  • Zip: 34997
  • Country: United States
  • Property Size: 15,212 square feet
  • Property Lot Size: 76,230 square feet
  • Rooms: 38
  • Bedrooms: 29
  • Bathrooms: 19

Lot Size: 1.75 Acres

Roofing: Shingle

Cap Rate: 10.5%

Price Per Square Foot: $92

Year Built: 1980

External Construction: CBS

Property Features

yesback yard
yesfront yard
yeslaundry
yesstorage
yesparking

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