1245 W 35 St, Riviera Beach, Florida
1245 W 35 St, Riviera Beach, Florida 33404 - Cash Cow with good tenants, offered at a +10% cap rate. All tenants put a minimum of 3 months down when they moved in. Rent does not include any expenses, except for lawn care. Tenants pay for all utility bills, including water/sewer. Property has 4 units, all have 2 bedrooms and 1 bathroom. No immediate work needed, property is in great condition. Upgraded/renovated in 2013 (new Kitchens, floors, bathroom vanities, etc.). New roof with warranty was installed in September 2013, remaining life is 16 years. In 2017 the exterior of the property received a fresh coat of paint, and the gables were covered with stucco. A new fence was installed around the property in March 2017. Do NOT disturb the tenants. Local Property Management available for out-of-town owners.
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Listing Courtesy of Highlight Realty Corp/LW