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Residential Income For Sale

25 34 Street, Riviera Beach, Florida 33404

Property Description

The 34th Street Portfolio consists of four properties w/ 12 units total on 34th Street all within one block of each other. New ownership will benefit from strong cash flow and economies of scale immediately at takeover from this package sale. Unit Mix: (3) Studios (7) One Bedroom/One Bath (1) Two Bedroom/One Bath (1) Two Bedroom/Two Bath The property systems have been well maintained by current ownership and have passed four-point inspections recently in order to receive property insurance coverage. Long-term tenants make up the bulk of the rent roll, with a number of tenants of 10+ years. In-place rents are priced below market rents. An outbuilding on 25 W 34th street serves as a maintenance shop/supply storage room, a great convenience for the management and maintenance of the property

Basic Details
Status : Active Under Contract
Listing Type : For Sale
Property Type : Residential Income
Listing ID : RX-10831855
Price : $1,850,000
Property Sub Type : Quad Plex
Property Title : Residential Income For Sale
Other Interior Features
Square Footage : 8,000 Sqft
Building Area : 0 Sqft
Virtual Tour : Click Here
Year Built : 1979
Features
Heating System : Central
Cooling System : Central
Association Amenities : Common Laundry, Sidewalks
Exterior Features : Shed, Awnings, Open Patio
Garage Spaces : 0
Roof : Comp Shingle
Address Map
Street : 34
State : FL
County : Palm Beach
City : Riviera Beach
Zipcode : 33404
Street Number : 25
Street Suffix : Street
Longitude : W81° 56' 41.6''
Latitude : N26° 47' 23.1''
Floor Number : 0
Directions : Broadway to 34th Street, portfolio is the first block west of Broadway
Lot Features : Paved Road, Sidewalks, West Of Us-1, 1 To < 2 Acres, Public Road
Parcel Number : 56434228020000320
MLS Addon
PotentialShortSale : No
Association Fee : $0
Construction Materials : Frame, Cbs
Flooring : Ceramic Tile
HighSchool : Fort Lauderdale
MiddleOrJunior School : Sunrise
Senior Community : No
Subdivision Name : B AND G HOMES
Tax Annual Amount : $20,000
Tax Year : 2021
Utilities : Public Water, Public Sewer, Electric, Cable
Zoning : RS-6(c
SqFt - Total : 8,000 Sqft
History
OriginalListPrice : $1,925,000
DOM : 0
Cumulative DOM : 0
Office Name : 49 Units, LLC
Agent Name : Jesse J Bailey
ClosePrice : $0
CloseDate :
Residential Income For Sale
  • Listing ID : RX-10831855
  • Square Footage : 8,000 Sqft
$1,850,000
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