1617 W 27 Street Riviera Beach FL 33404 MLS #RX-10956676

1617 W 27 Street
Riviera Beach, FL, 33404
$750,000
Beds
0 Baths
777 SqFt
0.02 Acres
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VALUE OPPORTUNITY THAT RARELY COMES UP, WITH UNITS THAT ARE IN GOOD SHAPE. ALL THE UNITS ARE 2 BEDROOMS 1 BATH. LARGE MODERN KITCHEN AND HAS A ROW OF CABINETS TOP AND BOTTOM. THERE ARE WASHER AND DRYER HOOK-UP IN ALL THE UNITS. ALL 4 UNITS ARE DEEDED SEPARATELY. HOWEVER, WE ARE SELLING BOTH 4 UNITS AS A GROUP. THE SELLER HAS HAD MOST OF THESE TENANTS FOR A LONG TIME AND THOUGHT OF THEM AS AN EXTENDED FAMILY. HE NEVER PAST ALONG THE PRICE INCREASES THAT HAS HAPPEN IN SOUTH FLORIDA. THE RENTAL ESTIMATES ARE $1,755. TO $1999 PER MONTH. SO WE SHOWED $1750 AS A PROFORMA ESTIMATE. DO NOT WALK THE PROPERTY WITHOUT US BECAUSE SOME OF THE TENANTS WILL CALL THE POLICE. THIS LISTING IS SUBJECT TO ERRORS, OMISSIONS AND CHANGES AT AN Y TIME. BUYERS AND THEIR AGENTS SHOULD USE THEIR OWN DUE DILIGENCE .

Property Details

Price:
$750,000
MLS #:
RX-10956676
Status:
Closed ((Apr 19, 2024))
Baths:
0
Address:
1617 W 27 Street
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
TIMBER PINES WEST
City:
Riviera Beach
Listed Date:
Feb 4, 2024
State:
FL
Finished Sq Ft:
777
ZIP:
33404
Lot Size:
775 sqft / 0.02 acres (approx)
Year Built:
1984
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Cynthia Nalley is Co-Broker of Acquire Palm Beach and manages the business operations in addition to real estate transactions. She is a Project Management Professional (PMP) who has created technology systems and managed complex projects for SunTrust, Citibank, JP Morgan Chase, and many more. Cynthia is a longtime Downtown West Palm Beach resident and advocate. She serves on the WPB Downtown Development Authority Board of Directors and is Vice President of the WPB Downtown Neighborhood Associa…

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Schools

Elementary School:
Washington Elementary Magnet School
Middle School:
John F. Kennedy Middle School
High School:
Palm Beach Gardens High School

Interior

Cooling
Central Individual
Flooring
Carpet, Ceramic Tile
Heating
Central Individual

Exterior

Construction
C B S, Concrete, Other
Development Name
T T I M B E R P I N E S W E S T
Exterior Features
None
Homeowners Assoc
None
Lot Description
1/4 to 1/2 Acre, Paved Road, Public Road
Roof
Comp Shingle
View
City, Garden
Waterfront Details
None

Financial

Buyer Agent Compensation
2.5%%
Gross Operating Income
$1
H O A Fee
$0
Net Operating Income
$1
Taxes
$0
Utilities
Cable, Electric, Public Sewer, Public Water

Map

Community

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