South Beach 4-plex

South Beach 4-plex

UNDER CONTRACT
Offered for $475,000
Fort Pierce, Florida in St. Lucie County
Residential Quadruplex on South Hutchinson Island: 1712 Gulfstream Ave

· 3 blocks from the Atlantic Ocean & beaches

· One 2-BR / 1.5BA, 1,200sf two-story Apartment with balcony

· Three 2-BR / 1.5BA, 936sf two-story Townhouse Apartments

· Larger unit is ideal for owner occupied or on-site manager

· SHOWINGS by APPOINTMENT ONLY…Call office to schedule

Schedule of Rents & Property Data – Two Story Townhouse Apartments

Unit	Size & BR /Ba	Rent / mth	S.dep - Last - Pet	Lease Exp.
A	936sf 2 / 1.5	900.	900. - 900. - 500.	1–30–06
B	936sf 2 / 1.5	900.	900. - 900.	2–11–06
C	936sf 2 / 1.5	850.	850. - 850.	12–26-05
D	1,200sf 2 / 1.5	950. less 150. mgr. fee	1,150. - 00. - 400.	12–31–05

2004 taxes - $7,861		5-’05: New Stucco & Exterior Paint, replaced exterior light fixtures		Built in 1984,Frame withStucco
	Property ID # 2401 – 503 – 0055 – 000 – 1
Roof 3 yrs – New Roof Turbines 8 mo.			Irrigation System w/ well
Unit	A/C & handler	Flooring	Bathroom	Upgrades
A	8 mo. / 1yr	Ceramic Carpet	New Vanities Vinyl Tile	Upstairs door & closet
B	8 mo. / 1yr	Ceramic Carpet
C	2 yr	Vinyl Tile Carpet
D	4 yr	Ceramic Pergo,Parque	Vanity Sink in Closet	New dishwasher

Included: All appliances Matching paint, shingles & ceramic tile (extra cases) in shed Push mower for lawn service by manager
2005 YTD	As of 6-15	Gross Op. Income	$19,700.

email: walters & co.

call: (772) 468-8306

land mail address:

900 Virginia Avenue
Suite 5
Ft Pierce, FL 34982

South Beach 4-plex