MLS #RX-10970974

, ,
$685,000
Beds
0 Baths
2,807 SqFt
0.32 Acres
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3/2 single family house and a triplex (all 1/1s) for a total of 4 income-producing units. Fully occupied with in-place rents grossing $5,682/mo and proven market rents at $6,612/mo.7.7% cap rate based on in-place rents and expenses.

Property Details

Price:
$685,000
MLS #:
RX-10970974
Status:
Active Under Contract
Baths:
0
Address:
Type:
Residential Income
Subtype:
Quad Plex
Subdivision:
28-42-43, E 100 FT OF W 935.77 FT OF S 140 FT OF N 255 FT OF NE 1/4 OF NW 1/4
City:
Riviera Beach
Listed Date:
Mar 21, 2024
State:
FL
Finished Sq Ft:
2,807
ZIP:
33404
Lot Size:
14,000 sqft / 0.32 acres (approx)
Year Built:
1962
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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

Interior

Cooling
Central
Flooring
Carpet, Vinyl Floor
Heating
Central

Exterior

Construction
C B S, Concrete
Exterior Features
Fence, Open Porch, Custom Lighting, Fruit Tree(s)
Homeowners Assoc
None
Lot Description
1/4 to 1/2 Acre
Roof
Comp Shingle
Waterfront Details
None

Financial

Buyer Agent Compensation
3%%
Gross Operating Income
$68,184
H O A Fee
$0
Net Operating Income
$52,748
Taxes
$0
Utilities
Electric, Water Available, Public Sewer

Map

Community

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