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Multifamily in Boynton Beach, FL 33435Cherry Hills, 418 NW 11th Ave
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OFF MARKET
Beds
1,032
SqFt$126
$/SqFtMultifamily
Built in 1952
Cheapest, rented duplex on the market in Palm Beach County! This property is priced to sell. Both units are 2 bedrooms and 1 bathroom and currently rented month-to-month at $750 each. The tenants pay all utilities! Roof replaced in 2015.
Cash-flow day one, or improve units to increase the rents and your return!
In-Place Revenue: $18,000; Expenses: $4,670, NOI: $13,330 = 9.20% Cap Rate.**
Revenue could be increased to $21,600 per year with minor upgrades. Leveraged returns projected at 17%++**
** Disclosure: Figures provided based on actual and projected data. Information deemed accurate but not guaranteed. No guarantee of financial performance either express or implied. Buyer to complete their own due diligence and financial analysis.
MLS Number: R10499194
On Site: 2791 Days
Updated: 184 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: WallFurnace
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: CeramicTile
- Year Built: 1952
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2019-01-25T19:00:00.000-00:00
Taxes, Fees & More
- Taxes: 1793.12
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
11/13/2021
Listed
$130K
$126 ft2
$1,356 m2
11/13/2021
$130K
Event
Listed
Price Per
$126 ft2
$1,356 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Daniel DeMott • LPT Realty, LLC • Buyer Agency Compensation .
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Scores
42
100
58
100
75
100
0
100
32
100
2
100
Community Snapshot
3 – 3 BR
Bedrooms
$439K – $625K
Price Tier
728 - 2,520
SqFt Range
2018
Year Build
1
Total Floors
Subdivision Amenities
None
Pool
Sidewalks
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