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Multifamily in Riviera Beach, FL 33404Riviera Heights, 1634 W 9th St
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Closed
Beds
3,848
SqFt$187
$/SqFtSold - Feb 10, 2023
Entry-Level Multifamily
Built in 1971
Garden View
In early 2021, this quadplex received a brand new roof, 4 brand new electrical panels, updated plumbing & 4 brand new central AC units. Unit 4 is completely remodeled (new kitchen cabinets, quartz countertops, new stove, new dishwasher, new bathtub, new vanity). All floors are tiled except unit 2 has carpet. One unit is currently earning $1650, the other units are paying $1500, $1450 & $1400. The projected income ($1650 rent per unit - $12,567 for taxes & insurance (see attached tax return)) is $66,633 which is more than a 7.8% CAP rate. 3 units have long term renters & one unit should be rented at $1800 beginning 02/01/2023. (2 tenants are month to month and 2 tenants' leases expire in December 2022 & February 2023).
Priced to sell & only showing with a signed contract.
MLS Number: R10807469
On Site: 1560 Days
Updated: 5 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- View: Garden
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
- Floor Description: Tile
- Windows/Treatment: Blinds
- Year Built: 1971
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2022-06-10T14:24:48.000-00:00
Taxes, Fees & More
- Taxes: 8979
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
11/02/2022
Listed
$720K
$187 ft2
$2,014 m2
11/02/2022
$720K
Event
Listed
Price Per
$187 ft2
$2,014 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Dylan Heidrich • Seawinds Realty • Buyer Agency Compensation .
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Scores
37
100
57
100
Community Snapshot
4 – 4 BR
Bedrooms
$359K – $359K
Price Tier
804 - 3,848
SqFt Range
1971
Year Build
1
Total Floors
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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