5043 SE Primrose Way, Stuart, FL 34997
- $525,000
- 2,511
- SqFt
- List Price
- $525,000
- MLS#
- M20040937
- Sq. Ft
- 2,511
- County
- Martin
- Subdivision
- Dixie Park Add
- Region
- 14-Hobe Sound Stuart S of Cove Rd
- Year Built
- 1990
Property Description
Welcome to an awesome investment opportunity. A triplex with 6 bedrooms and 6 bathrooms total. This property offers a lucrative investment opportunity with stable rental income. Each unit features 2 spacious bedrooms and 2 full baths, providing ample space for comfortable living. Some highlights of this triplex is the fenced yard for each unit, the open work space and ample storage in the kitchens and stainless steel appliances. Inside, you'll find tile throughout, creating low-maintenance living environment. Each unit has separate electrical meters & central air conditioning. Unit #5043 brings in $1650 per month, unit #5045 brings in $1750 per month, and unit #5049 brings in $1625 per month in rental income. All units are currently occupied by stable tenants. Carrying costs include: $6800 in taxes annually, $3800 in insurance per year, and $130 per month for lawncare. The monthly income for all units is $5025, offering approximately 9% CAP rate.
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Additional Information
- Heating
- Central
- Cooling
- Central Air
- Roof
- Composition, Shingle
- Exterior Features
- Fence
- Flooring
- Ceramic Tile
- Construction
- Frame, Stucco
- Living Area
- 2,511
- Pets Allowed
- Yes
Mortgage Calculator
Listing courtesy of RE/MAX of Stuart. Contact: 772-288-1111
