Leading you to this investment home Triplex close to the Marina in Riviera Beach. You will collect rent from day One with Long term tenants. Concrete structure. Front building has two dwellings that are 1 bedroom/1 bathroom units . Rear unit is separate 2 bedroom and 2 bedroom house with split AC units. Property has a total of 4 bedrooms 4 bathrooms and 3 kitchens. Property has been updated with new floors, appliances, new split AC systems. Separate meters for water and electricity. There is almost no lawn to maintain. Tenants pay their own water and electric bills. Rear unit is vacant but can rent for $1200 month so you can increase your CAP rate from 8.5% to 12%. Also you will be able to increase the rent to existing tenants immediately since they are on month to month lease.
Off market
$371,600
2509 Avenue E, Riviera Beach, FL 33404
4beds
701sqft
MultiFamily
Built in 1962
-- sqft lot
$371,600 Zestimate®
$530/sqft
$2,233 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- None
Cooling
- None
Features
- Flooring: Other, Hardwood
Interior area
- Total interior livable area: 701 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 6,229 sqft
Details
- Parcel number: 56434228140090230
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Asphalt
Condition
- Year built: 1962
Community & neighborhood
Location
- Region: Riviera Beach
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$371,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$371,600