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Duplex in Stuart, Florida

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505/507 Flamingo Ave

Stuart, FL 34996

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$149,000 $622*
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Contact this seller Duplex 3 2 1646 1955 Martin WGT1636



2 UNITS!Duplex off OCEAN BLVD-GREAT INCOME!
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Highlights and Description

  • Ranch style construction
  • Single story
  • Built in 1955
  • Lot size is 92' x 130'
  • Forced Air heating system
  • Central AC cooling system
  • Septic system sewer
  • Has a fireplace
  • 4 other-type parking spaces
  • In the Broadway St. Lucie Estates. Lots 5&6 Blk30 neighborhood
  • $1,965 estimated taxes (yearly)
This duplex has an excellent rental history! $17,100 yearly income.
In past years, rents have been $19,500 combined.
Ride bike to Historic Downtown Stuart . 5 mins. to Stuart Beach.
5 Mins. to shopping and medical.
Large private and fenced backyard.
Both units are tiled throughout and updated.
Newer roof. Lot size is 92' x 130'.

The 2 BEDROOM unit is currently rented for $750 on a yearly lease and has rented as high as $875 monthly. Lease ends in July, 2010
The bathroom has new tub.shower, toilet, vanity with 2 sinks.
Wood burning fireplace in LR.
This side has newer central ac and heat. Stove and refrigerator in unit. Storage
shed in backyard. Mature tropical vegatation. Deck outside sliding glass door.
974 SQ.FT. Private front porch and private fenced backyard.

The 1 BEDROOM bedroom unit is rented for $675 monthly through Dec. 31, 2010.
One window ac unit in bedroom and one in living area. Tub with shower.

Previously leased unfurnished for $750 monthly. 672 SQ. Ft. Living area.
There is a Concrete patio and private Backyard.
Both units have separate fenced backyards.

Old Stuart...Nice quiet residential area with single family homes and duplexes.
Each unit has separate electric meters. City water is on one meter for both units.
City water and 2 septic systems. We currently pay the water bill, however,
in the past years the tenants split the bill and pay it. Averages $35 monthly.
Both units, the Duplex can be bought for $149,000. Excellent buy!

Legal: Broadway, St. Lucie Estates, Lots 5 & 6 BLK 30
Taxes: $1965.00 for 2009, Insurance is approx. $700 yearly.
Buy for $149,000.

Call Cathy C. Lewis, Owner-Broker at 772-349-1839
Contact this seller

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 * Est. payment based on 20% down and a 30-year fixed rate mortgage of 4.75%

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