433 N 9th N Street, Fort Pierce, FL 34950 — MLS photo

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433 N 9th N Street, Fort Pierce, FL 34950

Active · Quadruplex

$580,000

433 N 9th N Street, Fort Pierce, FL 34950

Beds
—
Baths
0
Living area
1,974 sq ft
$ / sq ft
$294/sq ft
Year built
1958
Lot size
5,000 sq ft
HOA fee
—
Annual tax
$5,160

About this property

Don't miss this incredible opportunity to own a high performing quadplex in the rapidly growing Fort Pierce market! Grossing $5,550/mo rental income. This well maintained property features four fully occupied units. Three spacious 2 bed/ 1 bath units and one comfortable 1 bed/ 1 bath unit. Generating a strong monthly income with room for rent increases to boost returns even further. With strong tenant demand in the area and limited multifamily inventory, this is the perfect opportunity for both seasoned investors and those looking to expand their portfolio.

Property location

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433 N 9th N Street, Fort Pierce, FL 34950

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Facts & features

Interior

Bathrooms
0
Living area
1,974 sq ft
Flooring
Tile
Cooling
Electric
Heating
Electric

Exterior & Structure

Property type
Quadruplex
Year built
1958
Lot size
5,000 sq ft
Architectural style
Fourplex
Roof
Tar Gravel
Construction
CBSConcrete Block Structure, Block
Exterior features
None
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Amenities
None
Annual tax
$5,160
Subdivision
FEE & MAY'S RESUBDIVISION
County
St Lucie
Days on market
345
MLS listing ID
R11139610
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$1,115

Cap rate
8.0%
Net yield
8.0%
Cash-on-cash return
8.2%
Gross yield
10.7%
Mortgage payment
$2,749/mo
Down payment
$145,000
Loan amount
$435,000
Annual NOI
$46,378

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.