Multifamily in Boynton Beach, FL 33435

Cherry Hills, 522 NW 11th Ave

Income-producing CBS duplex in Boynton Beach with both units occupied, about 3 miles from the beach and minutes from I-95, Boynton Beach Blvd and downtown Boynton. Unit 1 is a 2 bed / 1 bath of approx. 900 SF renting at $2,150/mo. Unit 2 is a 1 bed / 1 bath of approx. 500 SF renting at $1,900/mo. Current gross rent is $48,600 per year. Both units have been updated with new kitchens featuring white shaker cabinets and quartz countertops, new bath vanities, new lighting and vinyl plank flooring throughout. Each unit has its own separate electric and water meter, and tenants pay their own utilities. A washer and dryer located on the side of the building is shared by both units. The 0.12-acre lot offers generous front and rear yards and ample off-street parking. Solid CBS construction with stucco exterior. No HOA and no association rental restrictions. Zoned R2 (duplex) in the City of Boynton Beach. A turnkey, low-maintenance addition to a rental portfolio, or an owner-occupant option to live in one unit and let the other help cover the mortgage. Close to shopping, restaurants, schools, parks, and the Boynton Beach Inlet and beaches. Sold AS-IS with right to inspect. Showings by appointment only with advance notice to tenants; please do not disturb occupants.