Bought with Ouellette Realty Group Inc
$780,000
$849,900
8.2%For more information regarding the value of a property, please contact us for a free consultation.
2949 J 1 AVE 1 Riviera Beach, FL 33404
3 Baths
3,500 SqFt
Key Details
Sold Price $780,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $222
Subdivision Silver Beach Acres 2
MLS Listing ID RX-10676325
Full Baths 3
Year Built 1958
Annual Tax Amount $4,680
Tax Year 2020
Lot Size 0.633 Acres
Property Description
THIS PART OF A PACKAGE 2925 AVE J 3/2 SING FAM, 2949 AVE J (2) DUPLEX 2/1, 2 STORY WITH 2/1 AND 2 RENTAL GARAGES, RENTAL STORAGE, BUILDING, 3001 AVE J 4/2 HOUSE, REAR RENTAL STORAGE BUILDING. RENTS HAVE UPSIDE TO INCREASE, CURRENT RENT ARE $900 FOR 2/1, 3/2 SING FAM $1400 and 4/2 SINGLE FAM $1,400. ALL MONTH TO MONTH LEASE CAN RAISE RENTS WITH 15 DAY NOTICE. RAISE 2/1 TO $1,200, 3/2 $1,750, 4/2 to $2,000 RENT EACH GARAGE $300, STORAGE SHED $200 AND HOUSE STORAGE $150 TOTAL $10,700 GROSS RENTS. ROOM TO BUILD UP TO 15 UNITS AN ACRE, CONVERT GARAGE TO 2 BDR UNIT WITH EASE. WELL MANAGE LONG TERM TENANTS VERY CLEAN AND EASY SHOW. HIGH CAP RATE EASY MANAGE AND GREAT INCOME PROPERTY. LONG TERM OWNER. TENANTS ARE LONG TERM UPWARD TO 20 YEARS.
Location
State FL
County Palm Beach
Area 5280
Zoning RM-15(
Interior
Heating Central
Cooling Central
Flooring Ceramic Tile
Exterior
Exterior Feature Open Patio, Open Porch, Shed
Utilities Available Electric, Public Water, Public Sewer, Cable
Amenities Available None
Waterfront No
Waterfront Description None
Roof Type Comp Shingle
Building
Lot Description 1/2 to < 1 Acre
Story 2.0
Foundation Concrete, Stucco
Others
Acceptable Financing Cash, Other, FHA203K, Conventional
Listing Terms Cash, Other, FHA203K, Conventional
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