Leading you to this investment home Triplex close to the Marina in Riviera Beach. You will collect rent from day One with Long term tenants. Concrete structure. Front building has two dwellings that are 1 bedroom/1 bathroom units . Rear unit is separate 2 bedroom and 2 bedroom house with split AC units. Property has a total of 4 bedrooms 4 bathrooms and 3 kitchens. Property has been updated with new floors, appliances, new split AC systems. Separate meters for water and electricity. There is almost no lawn to maintain. Tenants pay their own water and electric bills. Rear unit is vacant but can rent for $1200 month so you can increase your CAP rate from 8.5% to 12%. Also you will be able to increase the rent to existing tenants immediately since they are on month to month lease.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
