Listing: Riviera
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LISTING PHOTOS Click photo to enlarge
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Price: $ 119,000- REDUCED!!! 263 W 13th St
Listing Agent: Cathy Breese
BRING ALL OFFERS- Owner is moving out of state! Public Remarks: GOT CASH FLOW? WE DO!! Fantastic income property. Motivated Seller leaving the state. Two Duplexes on a double lot - fully rented and ready for a new owner!! Three Units are Two Bedroom One Bath and the Fourth unit is One Bedroom One Bath (easily converted back to two bedroom two bath). Income is $27,600 at most recently rented value- $575 per month (times 4 units potential). At current market rates - over 15% Cap Rate. Amazing occupancy levels. Long Term tenants make this a no brainer! If you want practically zero maintenance then look no further- these units are SOLID CBS built, including interior walls, and Newer Roofs- One Duplex had a New Roof in 2006 and the other Duplex had a New Roof in 2004. Tenants pay all utilities - each unit has separate meters for both electric and water. Two off street parking spaces per unit. There is a storage utility shed on the premises for the landlord's use. Location is very convenient- 1/4 mile from Riviera Beach Marina & Tiki Restaurant, Backyard backs up to (Port Road ) or New W 13th Street. All sizes approximate, All information is provided by seller & tax records. Please BRING ALL OFFERS. Want to keep informed on what the Market is doing in your area? Go to: www.BestPalmBeachHomeValues.com for a Free Report For more information on 263 W 13th St located in Riviera Beach, FL, please contact Cathy Breese at (561) 714-0287 or cathy@oneworldrealty.com. Additionally, you can contact us via our general e-mail address at info@OneWorldRealty.com.
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