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Great investment opportunity to own two multifamily buildings with 30 units at an almost 8% caps rate with potential to increase. Both buildings are very well painted. 0% vacancy rate; no evictions or defaults. Tenants pay very well. Low property insurance. Buildings include a total of 6 parking spaces big enough to fit 12 cars. It also has street parking. Record shows 28 units, however there is an additional studio and a commercial retail space which makes it 30 units in total, all rented. Buildings have all certifications up to date and owners have done a great job maintaining it. Potential to increase caps rate in different ways, being one of them to increase rents to current market rates. Please, call for more information. Property remarks: -30 unit multifamily -Belle Glade Multifamily For Sale -For Sale 30 Unit Multifamily -For Sale 30 Unit Multifamily in Belle Glade -30 Unit Multifamily 8% Caps Rate
Property Type: Multi-FamilyBedrooms: 41Bathrooms: 30County: Palm BeachYear Built: 1956Stories: 3 story