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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Michael has helped hundreds of people acquire and sell properties in Palm Beach County, Florida over the last 10+ years. He has surrounded himself with industry professionals that allow his clients to thrive in our ever-changing real estate landscape. After graduating from the University of Wisconsin, Michael migrated to South Florida in 2005 to join his family and escape the cold weather. He began his real estate career in Southwest Florida as a manager for a real estate developer in new home…

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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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