Multifamily in Riviera Beach, FL 33404

Silver Beach Acres, 2949 Avenue J

THIS PART OF A PACKAGE 2925 AVE J 3/2 SING FAM, 2949 AVE J (2) DUPLEX 2/1, 2 STORY WITH 2/1 AND 2 RENTAL GARAGES, RENTAL STORAGE, BUILDING, 3001 AVE J 4/2 HOUSE, REAR RENTAL STORAGE BUILDING. RENTS HAVE UPSIDE TO INCREASE, CURRENT RENT ARE $900 FOR 2/1, 3/2 SING FAM $1400 and 4/2 SINGLE FAM $1,400. ALL MONTH TO MONTH LEASE CAN RAISE RENTS WITH 15 DAY NOTICE. RAISE 2/1 TO $1,200, 3/2 $1,750, 4/2 to $2,000 RENT EACH GARAGE $300, STORAGE SHED $200 AND HOUSE STORAGE $150 TOTAL $10,700 GROSS RENTS. ROOM TO BUILD UP TO 15 UNITS AN ACRE, CONVERT GARAGE TO 2 BDR UNIT WITH EASE. WELL MANAGE LONG TERM TENANTS VERY CLEAN AND EASY SHOW. HIGH CAP RATE EASY MANAGE AND GREAT INCOME PROPERTY. LONG TERM OWNER. TENANTS ARE LONG TERM UPWARD TO 20 YEARS.