Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washe...Excellent investment opportunity featuring 4 units, each offering 2 bedrooms and 1 bathroom. All four units are currently rented below market value, providing potential for increased future rental income. Three of the four units have been renovated, while the remaining unit offers additional value-add potential. Current gross rental income is $6,550 per month / $78,600 annually. Tenants pay their own electric; owner pays water, common-area electric and landscaping. Common laundry area with washer and dryer, with potential to convert to coin-operated laundry for additional income. Zoned PADD-Park Avenue Downtown District with multiple permitted uses. Tenant occupied. Please do not disturb tenants. Buyer to verify all information and zoning.
View MoreCourtesy of
Agency Name: Capital Investments R.E. Corp.
Agent Name: Imran Gunes
Agency Phone: 561-275-1554
Presented by
Agent Name: Robert Meltzer
Agent Phone: 561.310.9377
Agency Title: Illustrated Properties
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906 Foresteria Drive, Lake Park, FL 33403.
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