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3162 SE Hawthorne Street

Stuart, FL 34997
  • $439,999
  • STATUS: Active Under Contract
  • ON SITE: 20 Days
  • ID#: RX-11022498
Under Contract
UPDATED: 70 min ago
$439,999
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,486
    SQFT
  • $296
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:
Area:

School Ratings & Info

Description

**Investment Opportunity: Tri-Plex with Strong Rental Income** Don't miss out on this excellent Tri-Plex featuring three rental units, all situated on an oversized lot perfect for maximizing rental revenue. **Details:** - **Current Monthly Rents:** - Ground Floor Unit 1: $1,700 - Ground Floor Unit 2: $1,600 - 2nd Floor Unit: $1,350 - **Lease Terms:** Two units are currently rented through 2025. - **Renovations:** The interior of the lower units has been updated to modern standards. NEW ROOF as of 2023. Water heater replaced in 2022.**Showings:** By appointment only. Please do not disturb tenants. **Note:** This is an AS IS sale. Interior photos will be available soon. Seize this opportunity to invest in a property with established cash flow!

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www.mrcflorida.com/homes/155515851
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3162 SE Hawthorne Street Stuart, FL 34997

  • Price: $439,999
  • Status: Active Under Contract
  • On Site: 20 Days
  • Updated: 70 min ago
  • ID#: RX-11022498
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1,486
SQFT
$296
$/SQFT
1990
Built
Neighborhood:
Golden Gate
County:
Martin
Area:
Stuart
Property Description
**Investment Opportunity: Tri-Plex with Strong Rental Income** Don't miss out on this excellent Tri-Plex featuring three rental units, all situated on an oversized lot perfect for maximizing rental revenue. **Details:** - **Current Monthly Rents:** - Ground Floor Unit 1: $1,700 - Ground Floor Unit 2: $1,600 - 2nd Floor Unit: $1,350 - **Lease Terms:** Two units are currently rented through 2025. - **Renovations:** The interior of the lower units has been updated to modern standards. NEW ROOF as of 2023. Water heater replaced in 2022.**Showings:** By appointment only. Please do not disturb tenants. **Note:** This is an AS IS sale. Interior photos will be available soon. Seize this opportunity to invest in a property with established cash flow!
Exterior Features

Carport Spaces 0.00 Construction OtherStucco Exterior Features Shed Lot Description < 1/4 Acre Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Wall-Win A/C Flooring TileVinyl Floor Heating Electric Unit1 Desc Kitchen Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 800 Unit2 Desc Kitchen Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 800 Unit3 Furnished No Unit3 Sq Ft 500

Property Features

Annual Net Operating Income 39090.00 Annual Total Expenses 6700.00 Auction No Available Info Leases Built Desc Resale Contingent Active Under Contract Contingents Inspection Gated Community No Gross Operating Income 55800.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Greater Fort Lauderdale Realtors Multifamily Type Triplex Possession At Closing REO No Restrictions Interview RequiredPet Restrictions Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 1546.00 Subdivision Amenities None Tax Amount 6357.46 Tax Year 2023 Taxes City/County Tenant Pays CableElectricWater Terms Considered CashConventional Unit1 Monthly Income 1700.00 Unit2 Monthly Income 1600.00 Unit3 Monthly Income 1350.00 Utilities Public SewerPublic Water Zoning Residential

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Metro Realty Corp.
11471 W Sample Rd #40
Coral Springs FL, 33065