Description
1634 W 9th St,
Riviera Beach,
FL
33404
This is an investor's dream. Current Cap Rate is 9% with a Potential Cap Rate of 11%. One story 4 Plex, CBS, Fenced backyard and sides. Each units has 3 Bedrooms and 1 Full Bath. Separate electric and water meters low maintenance. This is a cash cow with potential for more. Section 8 will pay appr. 1,300 for each unit. Easy access to 1-95 from Blue Heron Blvd or 45th Street and close to schools and the Port of Palm Beach. Minutes away from the Beaches. Well cared for 8,793 sq ft. Long Term tenants. Motivated Seller this will not last.
Listing By: NSE Realty, LLC via Data Source: MIAMI MLS
Price History
date | price | variance | type | global |
---|
3/1/2020 | $525,000 | - | Sold | view listing |
listing agent: Douglas Montas