Lake Poinsett and St John location - rare private island income producing with 9 single homes .2 acre site all wooded and private.Old dock and boat house on the property.8 homes have 2 bedrooms 1 bath carport ,one has 3 bedrooms 1 bath carport.RU2-10 zone.Each home has private yard ,septic, own electric and water.LOng driveway to go around the property.Rents range from 675 to 900.
This is a 24 unit apartment complex oriented as follows; there are 4 single story garden style duplexes on the south end of the property and 2 x 8 unit 2 story buildings on the north end. 8 of the units are subsidized tenants. The property has had @ $100k in improvements since purchased by this owner and PGI has increased @ 66% over the last owner. All buildings are block construction. Confidential sale...call listing officefor details / appt. ASSUMABLE FIRST W/ QUALIFYING
ONLY 1 BLOCK FROM INDIAN RIVER. 2 UNITS INCOME PRODUCING BUILDING. RESIDENTIAL UNITS. CURRENTLY LEASED. PROPERTY CONTAINS 3/2 1403 sqft. & 2/1 1203 sqft. APARTMENTS. IN THE MAIN AREA NICE STAINED CONCRETE FLOORS AND COUNTER TOP FOR EASE OF MAINTENANCE. UPDATED BATHROOMS AND STAINLESS STEEL APPLIANCES. THE UNITS HAVE SEPARATE ELECTRIC METERS.
8 units are 2 bedroom 2 units are 1 bedroom. All have been up dated. 8 units are now rented. The 10 units are in a complex of 128 units. The property is fenced and has security. Units 101,102,116, 212,306,313,314, 515, 708, 716 are all for sale. Seller is negotiable and willing to hold a note. If all 8 units were rented for $625 and 1 bedrooms for $550 Potential net income $30,710 annually
FULL DUPLEX...FULLY RENTED, each side pays $700 for a total of $1400 a month! BRING YOUR INVESTORS, THESE NUMBERS WORK! Located in the county, not the city...each side has 2 bedrooms, 2 baths and a 2 car garage, walk in closets, tons of storage.