Multifamily in Riviera Beach, FL 33404Riviera Heights, 1634 W 9th St
Closed
Beds
3,848
SqFt$187
$/SqFtPremium MultifamilyProperty Type
1971Year Built
$187/SqFtPrice per sq ft
GardenView
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.
Listing Courtesy Of: Seawinds Realty
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1603 DaysUpdated: 48 Days agoPage Views: 0
Features
MLS Number: R10807469
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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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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