125 W 17th 3 Street
Riviera Beach, FL 33404

$425,000

Contact the broker

Daniel DeMott
(561) 329-4972

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Property Description

MLS# RX-10627483 Type MultiFamily (5+ Units)
Status Contingent Sq.Ft 0
Beds 0 Stories 1
Baths 0 Taxes $6,670

Features

Interior features
Exterior features

Remarks

Unique multifamily investment property. CASH COW and Great Value-Add Deal.Property consists of a CBS quadplex built in 1985. Each unit is a spacious 840 sqft 2 Bed/1 Bath unit with tile floors throughout and central AC. All units are separately metered for water and electric. IN ADDITION, there is a, 1,100 sqft 3 Bed/1 Bath single family house. Property consists of two parcel IDs, quadplex spans both parcels. Quadplex currently operated as a rooming-house. Manager operates the rooming house and pays $3,600 per month for the 4-units. In addition, single family home is rented for $950 per month under an annual lease. Owner collects$4,550 per month total. Manager could stay or be released.HUGE upside in cleaning units and renting on annual leases.

Listing provided courtesy of KW Innovations.
To see full listing details, please visit the broker website for more informations.